Delhi: Man arrested with counterfeit coins, says police

The DCP said a large number of conterfeit coins were recovered from the factory after a rain. The factory has been sealed, he added.

By: Express News Service | Amitabh Sinha & Anubhuti Vishnoinew Delhi | Published:October 3, 2016 3:05 am

DELHI POLICE have sealed a factory manufacturing fake coins after they nabbed a 42-year-old man in outer Delhi’s Rohini area and recovered fake coins with a face value of Rs 40,000 from him.

Deputy Commissioner of Police (outer) M K Tiwari told The Indian Express that the man, identified as Naresh Kumar, was nabbed during a surprise check in Rohini by a team from the anti-auto theft squad (AATS). He was driving a Swift Dzire and was coming from Shahbad Dairy area. At least two plastic bags containing 20 packets of the counterfeit coins was recovered from his possession, he added. Each packet contained 100 coins each. The fake coins ranged from Rs 1 to Rs 10, said police.

When the AATS team stopped his vehicle, Kumar told them he was an officer from Punjab National Bank. When officers asked for his identity card, police said he refused to show it.

During questioning, Kumar told police that two more persons, Sonu and Raju, were running a factory in Bawana Industrial area, where they minted the counterfeit coins. He also claimed that the manager of the factory, Rajesh Kumar, was involved in the racket as well, said police.

Police said Kumar had opened a car accessories shop at Charkhi in Dadri after he finished school. He came in contact with Sonu and Raju, who used to deliver Rs 5 and Rs 10 coins to his shop. He told police

that the duo talked him into supplying counterfeit Indian currency coins on a commission basis. However, police said Sonu and Raju decided to wind up their business and flee the area. The duo re-started their business of minting counterfeit coins in Delhi and asked Kumar to join them. He agreed and shifted to Delhi.

The DCP said a large number of conterfeit coins were recovered from the factory after a rain. The factory has been sealed, he added.

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  1. K
    Kaliyug
    Oct 2, 2016 at 9:52 pm
    There is a perpetual shortage of coins in India, every Indian who shops knows about this ordeal. These people sta under the radar because they minted coins, nevertheless their luck ran out. Send them to jail and when they are back they will still be making these coins, the value of the metal contents in the coins has to be higher in the manufacturing cost, this will make it unworthy for counterfeiters.
    Reply
  2. J
    Julia Coinsberg
    Oct 24, 2016 at 1:39 pm
    There are huge risk to get a counterfeit coins of India, while the real special coins of the country are rare and valuable: .
    Reply