Four arrested for printing fake currency, including newly introduced Rs 2,000 notes

The four accused were arrested from Bhawanigarh village in Sangrur. The police also recovered a scanner and a printer from them.

By: Express News Service Written by Ludhiana | Published:December 11, 2016 5:53 am

Four members of a gang were arrested in Sangrur on Saturday on charge of printing Fake Indian Currency Notes and conspiring to circulate the counterfeit notes including newly introduced Rs 2,000 notes. The Sangrur police Saturday busted the gang and recovered fake notes worth Rs 4.15 lakh. Of the total Rs 4.15 lakh, the police recovered 200 Rs 2000 fake notes worth Rs 4 lakh. The rest of the money was in fake Rs 100 notes.

The four accused were arrested from Bhawanigarh village in Sangrur. The police also recovered a scanner and a printer from them. According to the police, the accused had been printing printing fake Rs 100 notes and duping people for the past three months.

“Earlier, they were only circulating fake Rs 100 notes. But ever since new currency notes were introduced, they also started making Rs 2,000 notes,” said Pritpal Singh Thind, SSP Sangrur. The accused were identified as Harbhajan Dass of village Bhaliana, Jasvir Singh alias Jassi of Bhawanigarh, Bhagwan Dass and Jaidev alias Jajji from Sangrur city.

All four accused are under 25 years of age and belong to Sangrur added Dass.  A whit Zen car (PB-10P-0810) was also recovered along with the fake currency. The police said that accused used to hand over fake currency to other gang members including — Gulshan Kumar and Rajesh Sharma of Sangrur; Bagga of Chika; Barjesh Kumar and Dhanas of Chandigarh and Vijay Kumar of Mangwal.

“We have started the investigation and the other accused will also be arrested soon,” said Dass.

The gang also had links in other states including Bihar, added the police. The polce have registered an FIR under sections 489A, 489B, 489C, 489D and 420 of IPC at Sangrur police station.

For all the latest India News, download Indian Express App

  1. S
    Sam
    Dec 11, 2016 at 1:53 am
    Banks and ATMs should scan for note numbers and the central software should look for notes with the same numbers circulating in different parts of the country at the same time and its existence at two locations at the same time.
    Reply
  2. K
    KIRAN
    Dec 11, 2016 at 12:49 am
    Many people don't know how CIBI ratings works and interest rates effects them.lt;br/gt;lt;br/gt;Going digital hels people to get cheaper loans
    Reply
  3. A
    Anand Ch
    Dec 11, 2016 at 12:54 am
    When originals are not available, fakes will fill the gap.
    Reply