Fake cur­rency racket busted in Gu­ru­gram, 3 ar­rested

Hindustan Times (Gurugram) - - Gurugram - HT Cor­re­spon­dent htre­porters@htlive.com


GU­RU­GRAM: The po­lice on Sun­day ar­rested three mem­bers of a gang and claimed to have busted a fake cur­rency racket in the city that was in­volved in cir­cu­lat­ing coun­ter­feit notes in Haryana, Delhi, and Ut­tar Pradesh.

The po­lice said they re­ceived a tip-off on Sun­day morn­ing that two men had done shop­ping worth more than ₹10,000 at New Palam Vi­har, but the cur­rency notes they paid turned out to be fake.

Preet Pal Sang­wan, as­sis­tant com­mis­sioner of po­lice (crime), said that the team con­duct­ing the in­ves­ti­ga­tions found that the men had come on a mo­tor­cy­cle to buy dairy prod­ucts and paid for it with cur­rency, which was fake.

The in­for­ma­tion was passed to the crime unit and based on that the men were tracked to a rented ac­com­mo­da­tion in New Palam Vi­har. “One of the of­fi­cials from the crime team con­tacted one of the sus­pects and tried to strike a deal. Ini­tially he was re­luc­tant and tried to mis­lead us. He later agreed and of­fered to de­liver coun­ter­feit notes worth ₹5,000 for ₹1,000,” he said.

Po­lice said af­ter the time of de­liv­ery was fixed, they raided the house and ar­rested three men from the spot.

The sus­pects were iden­ti­fied as Sanjeev Kumar and Ri­tik Kumar of vil­lage Gochi in Jha­j­jar and Bhav­ishya Singh of Soni­pat. The po­lice al­legedly re­cov­ered print­ers from the room which were used for print­ing the cur­rency.

Dur­ing ques­tion­ing the sus­pects re­vealed that they took three months of train­ing from Ut­tar Pradesh and then they start­ing making print­outs of cur­rency notes to match the orig­i­nal, said po­lice.

“Two of them were ex­perts in print­ing and could repli­cate the wa­ter­mark which was sim­i­lar to those found on orig­i­nal notes. Af­ter check­ing the notes care­fully, it was found that some fea­tures were miss­ing and the pa­per used for print­ing the notes was dif­fer­ent from the ones used in orig­i­nal cur­rency,” said Sang­wan.

The gang ear­lier used to watch YouTube to take the train­ing but could not learn the tech­niques fol­low­ing which they con­tacted a per­son who had served jail time in Delhi and Ut­tar Pradesh for print­ing coun­ter­feit notes, said po­lice.

“We re­cov­ered fake notes worth ₹19,100 in the de­nom­i­na­tion of ₹200 and ₹100, apart from ₹1,000 in gen­uine cash. Dur­ing ques­tion­ing, the man re­vealed that they formed a team through com­mon friends and took up a one-bed­room apart­ment in New Palam Vi­har. They claimed that there was one more per­son in­volved in the racket that sup­plied fake cur­rency notes to dif­fer­ent part of the city as well as the state,” Sang­wan said.

A case un­der sec­tions 26, 27, 28 and 29 of the In­dian Pe­nal Code (IPC) was reg­is­tered against them.

The modus operandi of the gang was to sell the fake notes to traders and peo­ple deal­ing in chang­ing money for less than half the rate of the de­nom­i­nated notes.

Po­lice said they have cir­cu­lated more than ₹20 lakh in the last four months with two print­ers and a com­puter in their room.

“They had also en­gaged agents from dif­fer­ent cities to iden­tify po­ten­tial cus­tomers, who would buy fake notes at one­fourth the rate and double their in­vest­ment by us­ing them in busi­ness,” Said Sang­wan.

The po­lice is con­duct­ing raids and ques­tion­ing more peo­ple to know the ex­act num­bers of mem­bers in­volved in the gang.

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