Nagpur, 27 Oct

(HS): ‘Money attracts money’ is an old saying. But the money saved should have

been invested judiciously for attracting more money.

Without the

understanding the philosophy behind the saying, a 29-year-old youth, Pushpam

Krishna Bandane started printing counterfeit currency notes of the denomination

of Rs 500 in a rented premises in Nagpur. As he was not paying the rent regularly

and eloped for some time the landlord suspected his inability to pay the rent may

be the cause of moving out without informing the landlord. He approached the

police. The police and the owner of the apartment, on breaking open the door of

his house were in shock. They found counterfeit noted worth 37 lakh and Rs 40

lakh fake notes printed on one side.

Police seized

the counterfeit notes and started searching for Pushpam, and was arrested on

Sunday. During interrogation he agreed that he printed the counterfeit notes,

after his Fair Price S in Nagpur’s Ashirwad Nagar area was closed. He then

purchased a printer and started printing counterfeit notes.

According to

reports, he used to keep the notes below his pillow and was dreaming of having

huge money.

The day dreaming

and illegal method of acquiring huge money landed him the police custody.

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Hindusthan Samachar / Ajay Vasant Mardikar