Yavatmal: The Umarkhed police, under the guidance of the Sub Divisional Police Officer (SDPO) of Pusad, have nabbed three youths at the forest check post in Umarkhed on Sunday evening and seized fake currency worth Rs 3.75 lakh from them.
A resident of Pusad town, Mayur Shrirang Kamble, tipped off SDPO Jagdev Akhare that two youths were heading towards Umarkhed from Nanded with fake currency notes supposed to be handed over to him through their counterpart in Umarkhed, police sources said.
A police team Akhre reached the forest check post led by Umarkhed police station officer Dnyaneshwar Kadu and nabbed Moinuddin Sheikh Fakiruddin (30) as well as Sheikh Mosin Sheikh Mozmil (25), both residents of Himayat Nagar of Nanded district.
An interrogation and search revealed that they were carrying fake currency in denominations of Rs 100 and Rs 500 amounting to Rs 74,300, supposed to be handed over to police informer Kamble through their Umarkhed based accomplice, namely, Sheikh Kasim Sheikh Misa.
The cops seized the fake notes amounting to Rs 74,300 and real currency notes worth Rs 700 from them. Later, the cops arrested the accused in Umarkhed after registering criminal offence under Section 489 (A) of Indian Penal Code (IPC) against the trio.
The trio have confessed to a deal with Mayur who was to get Rs 3 lakh fake notes brought by the accused, as against Rs 1 lakh original currency notes.
The trio was produced before court on Monday, which remanded them to police custody. Further investigation is being carried out by Umarkhed police station officer Dnyaneshwar Kadu.