Police arrest four men for printing fake notesCounterfeit notes with the face value of over Rs400,000 confiscated.
The Central Investigation Bureau of Nepal Police on Tuesday arrested four people for their alleged involvement in printing fake currency.
Acting on a complaint by a shop owner, a team from the bureau arrested the four men on separate dates over the period of last few months.
They have been identified as Kamal Budathoki, 29, and Bal Bahadur Rana Magar, 32, of Kavre; Aryan Khadka, 24, of Doti; and Chhatra Bahadur Limbu, 26, of Dhankuta.
“We arrested them from Kathmandu and Kavre and confiscated fake notes with the face value of more than Rs400,000 from them,” Deputy Superintendent of Police Bel Bahadur Pandey, spokesperson for the bureau, told the Post.
According to Pandey, all four were working together, designing, printing and circulating the fake notes in the market.
“Magar printed the notes, Aryan designed them while Budathoki and Limbu circulated them in the market. They operated from a rented room in Gongabu in Kathmandu,” said Pandey.