Chandigarh: Fake currency notes bring property dealers under lens

“We have sent the teams to Ludhiana. Some property dealers are under the scanner as they got money exchanged from Avinash. Soon we shall make more arrests in the case. We are also looking for some property dealers of Mullanpur Garibdass area who were duped by the accused. One property consultant too approached us but we cannot disclose his name,” said an official investigating the case.

Police sources said that it was a property dealer who approached the police and told them about the fraud in which the accused duped one of his friends. Following this, the police swung into action and arrested three persons.

Sources said that Suman Nagpal, a Ludhiana-based property dealer, was the main conduit of Avinash and Vishakha and he arranged a meeting of some people who are in real estate business for exchanging money. Nagpal too arranged the meeting of some local property dealers with the accused. But the accused were arrested before they could exchange the currency notes.

Asserting that they were yet to identify the driver of the Audi car, the Station House Officer of Sohana police station said that they had sent teams to Ludhiana and Haryana where the car was registered. They also sent a team to Delhi to recover the fake currency notes worth around Rs 40 lakh.

The police could not find the source supplying paper to the accused for printing the notes as the notes were of fine quality. However, the investigation officer of the case, Sub-Inspector Charanjeet Singh, said that they would soon identify the people who supplied the paper.