#Delhi: Fake Rs 2,000 notes with face value of Rs 18 lakh recovered, 3 arrested

The Delhi Police’s Special Cell has arrested three people for allegedly running a counterfeit currency manufacturing syndicate, and recovered fake Rs 2,000 notes with a face value of Rs 18 lakh. This is the largest bust of fake Rs 2,000 notes in the capital since demonetisation was announced on November 8. According to police, the accused dealt with "bookies and hawala operators" and provided them fake notes at 40 per cent of the face value – for example, fake notes with a face value of Rs 1 lakh would be sold for Rs 40,000.