Youth held for printing fake currency notes

Youth held for printing fake currency notes

Metropolitan Police Circle Office, Maharajgunj on Monday arrested a twenty-year-old man for allegedly printing fake currency notes and seized counterfeit notes of Rs 135,000 from him.

Tipped off by a special source, a police squad arrested Dipak Neupane of Bageshwari-7 of Nuwakot from Gangobu area of Kathmandu district. Police seized 80 notes of Rs 1000 denominations from his possession while dealing with the sale of the fake currency.
Soon after his arrest, the police said they raided his rented room at Nepaltar but could not get anything there. According to the police, 55 fake notes of Rs 1000 denominations were seized from his office. Police also seized 13 fake notes that were printed only on one side of the paper. Neupane used to work in photo copy section of a manpower company.

During preliminary investigation, Neupane was found to have supplied Rs 20,000 fake currency in the market.

“I landed in this illegal job accidentally,” he said while confessing to the police.

While carrying out his daily job, he once printed a copy of a note which looked very real. He shared it with his friends, some of whom encouraged him to print more copies and assured him to sell the fake currency, he reportedly told the police.

Police investigations have revealed that the fake currencies were supplied in crowded areas of New Bus Park, Balaju and road side markets so that people could not get adequate time to notice the fake currency.

A first-year student of Bachelor’s degree at Gramin Aadarsha Higher Secondary of Nepaltar, Neupane confessed to his illegal work and said, “Like many youths, I got lured to this illegal job unknowingly.”

The police have also seized a color photocopy machine, a scissor and a mobile set. He was remanded to police custody on Tuesday for possessing counterfeit currency.

Three held with 17 kg sandalwood beads

Meanwhile, a squad of Central Investigation Bureau (CIB) of Nepal Police on Tuesday arrested three people with 17 kg of sandalwood beads from Dhapasi area.

The arrested are Niroj Thapa Magar, 24, of Tokha, Prabesh Gurung, 30, of Basundhara and Uddhav Bayuhang Rai, 31, of Okahaldhunga. They have been handed over to the District Forest Office, Hattisar for further interrogation.

Source: MyRepublica