The Tilak Nagar police have arrested 6 persons for conning the founder of an educational institute of Rs 15 lakh, on the pretext of giving him fake currency worth Rs 75 lakh. The accused had called the complainant to Ghatkopar East with the money, where another man posing as a cop took it away. The kingpin of the racket is still at large.

The complainant is the 25-year-old founder of an educational institute in Wada, Palghar. He was told by one of his friends that if he had R25 lakh cash, he knew some persons who could give him fake notes three times the amount. The police said it was not clear yet why the Palghar resident wanted the fake notes. 
The complainant met one of these men in October 2022 in Ghatkopar.