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Cops burst Fake Currency racket in Hyd

By:  Tupaki Desk   |   26 Nov 2016 12:27 PM GMT
Cops burst Fake Currency racket in Hyd
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Does the demonetization scheme serving its purpose of wiping out Fake Currency from the country? Such doubts were raised after police bursted a Fake Currency racket in Hyderabad.

As many as 105 photocopy notes of Rs 2,000 denominations have been seized in the Fake Currency burst. Hyderabad Cops cautioned people about the fake currency in circulation.

Fake Currency is being circulated in other parts of the country as well. There were reports of counterfeit notes in Gujarat and Odisha. To make things worse, Fake Currency in denomination of Rs 2000 were seized from two Terrorists who were killed during the gun battle at the Line of Control (LoC) on Tuesday.

Curbing fake currency is one of the top two objectives of Demonetization. How does Modi react to the Fake Currency in circulation within days after the ban on old Rs 500 and Rs 1000 notes?