The accused were arrested yesterday and a number of cheques, 14 cell phones, 12 computers and 20 ATM cards of different banks were recovered from their possession, they said.
Those arrested have been identified as Prashant Yadav, Ashish Kumar Srivastava, Harpal Singh, Mohammad Iqbal, Dilip Singh, Deepak Singh, Jitendra Kumar, Santosh Kumar, Rajendra Maurya and Manish Kumar Singh, police said.
While Harpal and Ashish are lawyers, two others, Prashant and Iqbal, are computer experts who purportedly prepared the forged cheques.
According to police, the gang prepared the forged cheques with the original serial number and used them to withdraw money from the accounts of companies and individuals.
