The Bhartiya Janta Party's Yuva Morcha leader Rajesh Erachery was on Thursday arrested by Kerala Police for printing fake currency notes at his house.
The Police recovered fake currency notes worth Rs. 1.5 lakh from his house in Kerala’s Kodungallur. The notes were in the denominations of Rs 20, Rs 50 and the new Rs 500 and Rs 2000. Along with the fake currency notes a printer, a scanner and a laptop that was used for making fake notes were also recovered from his premises.
“Rakesh, a local Yuva Morcha leader was arrested in connection with the incident, he was carrying out a money lending business, news agency PTI quoted a policeman as saying.
The incident came as a big embarrassment for the ruling BJP govt. as its own leader mocked Prime Minister Narendra Modi's demonetisation move to remove counterfeit currency.
The BJP made high claims that demonetisation will curb the black money and flush the fake currency notes from the Indian market and the incident of its own leader printing fake notes questions the claimed impact of the note ban.