Mumbai Crime Branch arrests two with fake stamp papers worth ₹62.5 lakh near airport
Synopsis
Key Takeaways
The Mumbai Crime Branch has arrested two men from outside Chhatrapati Shivaji Maharaj International Airport on 29 May for allegedly possessing counterfeit non-judicial stamp papers with a combined face value of over ₹62.5 lakh. The seizure has exposed what investigators believe is a structured loan fraud racket operating across multiple states.
The Accused and the Seizure
The two arrested individuals have been identified as Rohit Jadhav (37), originally from Ambernath and a resident of Badlapur, and Narendra Ahire (46), a resident of Kopar Khairane, Navi Mumbai. The Crime Branch Unit 8 team intercepted the duo while they were allegedly transporting the forged documents for delivery to a third party.
Investigators seized 251 counterfeit non-judicial stamp papers, each purportedly valued at ₹25,000, placing the total face value of the haul at approximately ₹62,50,500. The papers were reportedly intended for use in a range of non-judicial transactions and affidavits.
How the Alleged Fraud Operated
According to investigators, the accused allegedly used the fake stamp papers to prepare affidavits on behalf of loan applicants. Victims were then directed to travel to Delhi for supposed loan processing. During the journey, the bag containing the documents would allegedly be made to disappear, after which the accused would inform victims that the bag had been stolen — effectively stalling the loan process and, investigators suspect, extorting fees or retaining advance payments.
Investigators suspect Ahire to be the mastermind of the racket, with Jadhav acting as the courier. Ahire allegedly handed the fake stamp papers to Jadhav for onward delivery when both were apprehended.
Court Remand and Ongoing Probe
Both accused were produced before the Esplanade Court, which remanded them to seven days of police custody. The Mumbai Crime Branch is now working to trace the source of the counterfeit papers, identify the intended recipients, and determine whether a larger network is behind the operation.
A Recurring Pattern in Mumbai
This is not an isolated incident. In February this year, a Mumbai Police team arrested two more individuals from Uttar Pradesh and Delhi in connection with a separate postal stamp forgery racket, recovering fake stamps with a face value of nearly ₹28 lakh. The back-to-back cases suggest that counterfeit stamp paper networks continue to operate with relative impunity across state lines, exploiting the trust placed in official documentation for financial transactions.
As the Crime Branch widens its investigation, authorities are expected to probe whether the two cases share a common supply chain or syndicate.