Son and relative nabbed for depositing Rs 4000 counterfeit money in mother's account

THIRUVANANTHAPURAM: Two youths arrested in connection with the discovery of counterfeit currency from the cash deposit machine (CDM) of the Poovachal SBI branch. Bineesh (26), hailing from Parandod in Aryanad and Jayan (47), a resident of Mullankal, were apprehended by the Kattakkada police. The revelation came to light after the bank authorities detected eight counterfeit Rs 500 notes in the CDM the previous day.

The actual perpetrators were identified through CCTV footage analysis. Upon investigation, it was revealed that Bineesh had deposited the money into his mother's account. Subsequently, the bank manager filed a complaint with the Kattakkada police. Jayan, Bineesh's cousin, was also arrested following a thorough search subsequent to Bineesh's apprehension. Furthermore, the police found counterfeit note printing equipment at Jayan's residence.

Police inquiries revealed that the suspects manufactured counterfeit 500 and 100 rupee notes using a scanner at Jayan's house. Additionally, authorities seized printers, computers, ink, paper and other related items used by the perpetrators. The police stated that they are investigating whether the suspects distributed such counterfeit notes elsewhere. The accused were presented before the Kattakkada court and remanded into custody. The arrests were made under the supervision of Kattakkada Dy.SP Jayakumar and SI Girish.