Srinagar, Nov 23 (UNI) The Jammu and Kashmir police today claimed to have seized counterfeit notes from Kupwara district and arrested seven people in this connection.
Police said they had received specific information that an organised group was dealing and circulating fake currency at Chogal in Handwara area of north Kashmir's Kupwara district.
A police party was deputed to monitor the activities of the group in the area. Soon after, two suspected people -- Abdul Ahad Bhat and Abdul Ahad Malik -- were apprehended near Kulangam Chowk and Rs 1500 in fake currency seized from their possession.
During questioning, the two revealed that they were circulating fake currency with other group members in Handwara, Kupwara and Sopore areas of north Kashmir, the police added.
On their disclosure, five other people -- Ghulam Mohi-ud-Din Malla, Abdul Rashid Lone, Inayatullah Bhat, Abdul Majid Magray and Mohammad Ashraf Lone -- were arrested in a series of raids and Rs 8500 in fake currency also seized from their possession.
A one million Euro note and Rs 60,000 in original Indian currency meant for exchange with fake notes and three mobile phones were also seized from the accused.
The police said further arrests and recoveries were expected.