mumbai the mumbai police on monday night raided a flat and a row house in panvel on the outskirts of the city and recovered 550 gunny bags and 500 boxes containing coins and used and unused stampsdeputy police commissioner bipin kumar singh said the consignment was recovered from houses belonging to prasoon agarwal who was recently arrested by the versova police from nashik in a rs 72lakhs fake stamps case the police are still to ascertain whether the consignment recovered in panvel had counterfeit stamps and coinsthe police also arrested two persons including agarwals brother pranay and his servant sharad shirke in the case pranay was earlier chargesheeted in 1998 in a bogus franking case at midc police station he had jumped bail and was absconding for the past five yearsthe raids in panvel were conducted in a flat in daffodil building in godrej colony and in a row house in kasturi societymumbai police commissioner ps pasricha said it was premature to say that agarwal had links with fake stamppaper scam accused abdul telgi we are still to ascertain this angle he told mediapersons on tuesday afternoonwe are questioning agarwal in connection with the seizure of several currency notes and stamps from a bungalow in nashik on monday he stated the seized stock of 163 cartons in nashik included currencies from several countries including pakistan somalia argentina and brazil it was recovered after a sting operation by a tv channelaccording to reports from nashik pradeepkumar bharti assistant director enforcement directorate said that only three of the 163 cartons contained currency in circulation most of the currency was obsolete in fact some belonged to countries like burma not myanmar and pakistan when it was not yet divided into pakistan and bangladeshthe brazilian currency was of 1910 while burmas was marked 1930 s hanuman singh superintendent of posts nashik division stated that all the stamps were unusable as they had been marked as cancelled he was of the opinion that it was a hobby collectionprakash narayan general manager of india security press officials from state bank of india and officials from numismatic society of india nashik visited the site