Gujarat Police Wednesday said that they busted a racket of printing counterfeit currency notes and arrested two men from Bhuj town. Fake currencies in new Rs 500 notes of face value Rs 59,500 were seized from them.
Acting on a tip-off, a team of Crime Branch on Tuesday night raided an office premise at Madhapar village and recovered 69 fake notes resembling the new Rs 500 notes. The police also seized a colour printer, four printing ink bottles, CD of a colour printer and cables, knives and pairs of scissors for cutting papers and photocopies of driving licences, PAN and Aadhaar cards of many people.
Two persons — Chirag Chauhan alias Dasu and Bhachubha Jadeja — who were in the office during the time of the raid were arrested. “The office premises belongs to Chauhan. They had printed 119 fake currency notes of Rs 500 notes. In terms of design and look, the notes resemble the original to a great extent. But all of them bore a single series number. The paper quality also differs. They were printing fake notes for the last few days. Before they could exchange the fake notes, we busted the racket,” Inspector Janal Aal.