UP: Coin melting racket busted, man held

Last Updated: Thursday, April 12, 2012 - 14:57

Kanpur: A member of a gang involved in making
artificial jewellery by melting coins has been arrested with coins worth Rs 1.83 lakh here.

The accused, Vinay Singh, was arrested at a police
checkpost at Fazalganj area last evening with seven gunny bags
containing coins of Re 1, Rs 2 and Rs 5 denominations.

During questioning, he told police that he was taking the
coins to Jaipur in Rajasthan, where they were used for making
artificial jewellery by converting them into metal slabs.

He used to collect coins from small shopkeepers in the
city and give to the gang in Jaipur.

PTI



First Published: Thursday, April 12, 2012 - 14:57

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