Counterfeit note racket busted

Bellary, Karnataka, Nov 9 (UNI) A counterfeit note racket was today unearthed with the arrest of a person and seizure of Rs 59,000 worth of fake notes from him at Hampi road in Hospet of Karnataka.

Police said the Hospet police caught one Ramnath red handed when he attempted to pay for some purchased goods with fake notes, after the alert shop keeper informed them.

Counterfeit notes found on his person and at his lodge were seized.

Ramnath's aide Raghavendra was at large and police had spread a dragnet to nab him.

Both were residents of Bellary and got fake notes from Adoni in neighbouring Andhra Pradesh.

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