Kannur police have uncovered a counterfeit currency racket operating across the districts of Kasaragod and Kannur in Kerala. The operation, which involved the circulation of fake currency notes, was busted following the arrest of Shiju, a 36-year-old man from Kandoth, Payyanur. Shiju was initially found in possession of counterfeit notes, prompting a deeper investigation by the Kannur town police.
In a significant breakthrough, the police have now arrested 45-year-old P. Shoba, a woman linked to the illicit currency operation. Shoba’s arrest is a key development in the ongoing investigation, which has exposed a network of individuals involved in the production and distribution of fake currency across the region.
During the investigation, law enforcement officials recovered several counterfeit notes from Shiju, and additional evidence has pointed to Kasaragod and Kannur as key areas where these fake notes were being circulated. The police are now probing the source of the counterfeit money and examining whether the arrested individuals were part of a larger criminal network involved in printing and distributing fake currency.
The Kannur police are continuing their investigation into the counterfeit currency racket, looking into potential connections with other criminals or organized groups involved in similar operations. They are also assessing the scale of the operation and working to prevent the circulation of further counterfeit notes in the region.
The arrest of Shiju and P. Shoba highlights the increasing efforts by Kerala authorities to combat counterfeit currency, which remains a serious threat to local economies and businesses.
