A 45-year-old Kenyan man has been arrested in India for allegedly forging and selling fake currency.
Muthay Isaha was reportedly arrested while attempting to sell fake currency worth Rs 63 lakh (Sh8.8 million) to a businessman.
Isaha, who has been in India for four months, was found with counterfeit foreign currency including Euro and United States dollars.
He was apprehended from a hotel in the City of Kolhapur, West India.
Police Superintendent, Abhinav Deshmukh says that the Kenyan man contacted the businessman and claimed to have a currency worth Rs 8.40 crore (Sh118 million) in Euro and US dollar bills.
“He said the notes, for security reasons, were in black color. He met the businessman and alleged that after cleaning the notes with a chemical they’d resume their original form."
“He also showed a demonstration applying the chemical to two notes and the process showed one was a 300 Euro bill and the other a 200 dollar bill,” the police superintendent says.
Muthay later allegedly told the businessman that he needed cash to purchase the chemical.
During the arrest, police officers seized the chemical, 2,200 sheets of black colored paper and hand gloves for making the notes.
Also recovered was Ksh18, 500 cash, three foreign currency notes packed as 200 dollars, 200 Euro and 300 Euro.