SRINAGAR; An army man, who was a prime accused in a fake currency racket unearthed in Jammu and Kashmir last month, committed suicide during the intervening night inside a police station in summer capital Srinagar, the police said on Thursday.

Muneer Ahmad Manhas, 31, who worked with the Territorial Army, committed suicide inside the Ram Munshi Bagh police station, the police said.

“Today in the wee hours Manhas who is prime accused in the fake currency racket was found hanging,” the police said.

“He had used pair of socks to hang himself by tying them with one another. The deceased was working in Territorial Army,” the police said further.

Sources in police station said he was booked under case FIR No. 29/2014 U/S 489/ABC, 420 RPC. They maintained that Manhas 'strangulated himself with his socks'.

A top administrative officer of the district has probe into the hanging. “His body has been sent for post-mortem and Principal Medical College has constituted a team of doctors for conducting post-mortem in presence of a Magistrate,” the police said.

A police officer privy to the developments told Kashmir Dispatch that Manhas had been booked in the fake currency scandal that was unearthed in March, this year.

Police had on March 11 had claimed to have busted a fake currency racket and arrested twelve people. Police also recovered Rs 885000 fake currency notes from the arrested men.

Superintendent of Police, East Srinagar, Harmeet Singh had said after receiving information about a fake currency racket being operated in Srinagar City, they zeroed in on one of the key operators Arshad Ahmed Kaloo, a resident of Nehru Park.

India's National Investigation Agency had recently sought details from the state police about the fake currency racket.