1.5 Million Rupees in Fake Notes Seized in Bhaktapur Raid

In a significant operation, a collaborative effort between the Thankot police circle and the Changunarayan police division led to the confiscation of counterfeit Nepali currency amounting to 1.5 million rupees from a specific location in Changu Narayan Municipality-4, at the village known as Changu Budhathoki. This operation was conducted on Thursday evening.

Authorities from the Bhaktapur District Police Complex shared that the target of the raid was a 40-year-old individual named Arjun Subedi, whose residence in Changu Budhathoki Village was found to harbor the fake banknotes.

Moreover, it was discovered that Subedi and his associates were engaged in the production of these counterfeit notes. During the operation, law enforcement also recovered essential materials used in the counterfeiting process, including a color printer, a computer, 12 mobile phones, and four scooters.

As a result of the operation, a total of nine individuals were apprehended by the police. These individuals are now under investigation due to their suspected involvement in the distribution and production of counterfeit currency.

Among the arrested, those identified include Milan Bhandari (21 years old), Shiva Bhandari (32 years old), and Shrikrishna Bhandari (23 years old), all residents of Sunkoshi Rural Municipality-6 in Sindhupalchok, as well as Sushil Karki (26 years old), a resident of Pepsicola, Kathmandu, and also from Sunkosi Rural Municipality-6.

Furthermore, individuals arrested include Parvati Nepali, originally from Sarawal Rural Municipality-1 in Nawalparasi but currently residing in Kathmandu, Sagar Acharya (27 years old), originally from Gulmi’s Badagaon Rural Municipality-2 and now residing in Samakhusi, Kathmandu, Arjun Budha (23 years old), originally from Achham but now living in Matatirtha, Kathmandu, and Yuvraj Rai (24 years old), originally from Jhapa but currently residing in Samakhusi, Kathmandu. These individuals are now under the scrutiny of the authorities as part of the ongoing investigation.