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Coimbatore
Photocopied Rs.500 notes seized, 3 arrested
March 5, 2016
Three persons who tried to circulate colour-xeroxed notes of Rs.500 were caught by the police today in Ooty.
Based on a tip-off that that a different kind of notes is being circulated, a special police team monitored the movement of Prabhu, a small-time businessman for the past few days, police said.
He was caught when he tried to exchange one such photocopied note at a petrol bunk. Further inquiries revealed the involvement of Devaraj, a photo studio owner, and Ravi, a tourist guide. The investigations led to the seizure of 100 such fake notes and a colour Xerox machine from the studio.
The trio was produced before the court and remanded to custody at Coimbatore Central Jail.
