Fake note scam: In fourth Surat arrest, man caught with counterfeit notes worth Rs 2.9 lakh

Shah, the main accused, used to run a now-defunct YouTube news channel from his office, where he was also printing the counterfeit notes.

According to the police, Sadikali said he came in contact with Feroz Shah six months ago. “Sadikali Pathan runs a second hand automobiles brokerage business and came in contact with Feroz, who posed as a journalist. They became friends and a month ago, Sadikali told Feroz that he needs money for some emergency,” said an officer.

“Looking for an easy way to circulate counterfeit notes, Feroz gave him fake notes of 200 denomination, having a face value of Rs 4 lakh, as well as genuine notes worth Rs 1.5 lakh. Later, Sadikali repaid Feroz Rs 80,000 while assuring that he would pay the remaining amount after some time,” the officer added.

Surat SOG Inspector A P Chaudhary said, “During interrogation, Feroz had said that he gave the fake currency to Sadikali. We have arrested Sadikali and seized fake notes having the face value of Rs 2.9 lakh. Sadikali claimed that he had received only this much from Feroz.”

“We are looking for the remaining fake notes and also trying to find out if there are others who had taken such notes from Feroz,” Chaudhary added.