Police authorities are intensifying its probe on reports that counterfeit bills circulating in Bacolod City are produced in Cebu.
Following the arrest of two suspects Thursday, members of the Regional Intelligence Unit (RIU) 6 are looking into the possibility that the confiscated fake money from suspects Alexis Yepes and Edzel Rosales were produced in Cebu City and distributed and even sold in Bacolod and Negros Occidental.
PO3 Joshua Barile of RIU-6 led the raid Thursday in Brgy. 16 resulting to the arrest of Yepes, 35, of Iligan City and Rosales, 37, of Brgy. 10 in Bacolod for allegedly selling fake P1, 000 and P500 bills for P350 and P250, respectively.