The racket was busted when an employee working with Kuldeep Kumar, the main accused in the racket approached the police with the complaint that he was paid fake currency notes.
Giving details, Station House Officer, R S Pura, Abid Rafique, said "a complainant who works at the hotel run by Kuldeep Kumar, the main accused, informed us that he was paid fake currency notes by his employer".
He said that the police raided the hotel, however, the main accused managed to escape.