Mumbai, Oct 21 (PTI) Mumbai Police has arrested three persons allegedly involved in a postal stamp forgery racket operating from Delhi and Bihar, an official said on Tuesday.
The accused were identified as Shamshuddin Ahmed (35), Shahid Raza (35) and Rakesh Bind (45). Bind was arrested from the city while Ahmed and Raza were arrested from Delhi and Bihar.
There were transactions of Rs 8 crore from their bank accounts, the police official said.
The racket came to light after the Chief Post Master General of Mumbai received a complaint about forged stamps being used in bulk booking of letters and envelopes.
Initially, a few Rs 15 stamps pasted on letters appeared to be suspicious. Upon examination at the India Security Press, they were found to be fake, the police official said.
The pos