A 37-year-old man who printed and circulated counterfeit currency was arrested by the police here on Monday.
On January 14, 2019, Salam of Pavalathampalayam went to a petrol bunk in Teachers Colony on Perundurai Road and sought change for a ₹ 2,000 note. The staff found the currency to be fake and alerted the police. Salam was arrested. Inquiries revealed that Satheesh of Tiruppur, and Raja (49) of Kodumudi had printed the fake currencies and had given it to Salam for distribution.
The case was transferred to the Erode District Crime Branch Police, who later arrested Raja. A search was on for Satheesh, who was the mastermind behind the crime. On Monday, police arrested Satheesh at Lakshmi Nagar in Bhavani, based on a tip-off they received.
