SIT busts fake stamp paper ring; 5 arrested
The Hindu
The Special Investigation Team (SIT), formed to probe the prevalence of fake stamp papers in the city, has arrested five persons who are allegedly part of a ring. Police have also recovered 663 fake e
The Special Investigation Team (SIT), formed to probe the prevalence of fake stamp papers in the city, has arrested five persons who are allegedly part of a ring. Police have also recovered 663 fake empty stamp papers and 136 franked fake stamp papers of a total face value of ₹63.57 lakh of various denominations ranging from ₹2 to ₹25,000.
Acting on a tip-off that fake stamp papers were being sold on the premises of the city civil court and magistrate courts, four special teams put dealers under surveillance, went as decoys, and bought fake stamp papers. After confirmation, teams raided the houses of the accused on November 13 and arrested five persons.