A contingent of police officers in Ruiru on Monday banned a consignment of fake gold and fake currency amounting to Ksh362 million.
Police arrested three Cameroonians – Paulin Francis, 44, Njikam Omar, 37 and Jacob Kentong, 31 – behind the syndicate.
According to the Directorate of Criminal Investigation, the fake gold and counterfeit money were recovered from a house under construction along Ruiru-Kiambu road.
The counterfeit money was in dollars, pounds and Kenyan shillings.
It has been stashed in a plastic bag and arranged by denomination.
They are currently being held at the Ruiru Police Station as detectives complete investigations.
Ruiru DCI boss, Justus Ombati said the three suspects have been purchasing good using fake currency. They get genuine money in balance.
Polices suspect that they are part of a gang that is behind the rapid spread of fake currency in the market.
Now, police are probing the source of the fake currency although they confiscated a dollar photocopying machine at the scene, passports and chemicals which the suspects could have been using in their operation.
Police also impounded 150 kgs of fake gold bars.
There has been a proliferation of fake gold in Kenya with those posing as genuine sellers scamming unsuspecting clients and fleecing them millions of shillings.