How Did Rajasthan Police Bust a Fake Note Gang in Jodhpur?
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Synopsis
In a recent bust, the Rajasthan Police uncovered a sophisticated fake currency operation in Jodhpur. This organized gang was caught printing counterfeit Rs 500 notes, with significant amounts at stake. Read on to find out how the police managed to foil their plans and what this means for the fight against counterfeit currency.
Key Takeaways
- Counterfeit currency operation uncovered in Jodhpur.
- Gang printed fake Rs 500 notes.
- Counterfeit notes worth Rs 10 lakh were in circulation.
- Two individuals arrested during a police raid.
- Equipment for printing was seized.
Jaipur, April 30 (NationPress) The Rajasthan Police have successfully dismantled a counterfeit currency operation that was being conducted from a rented space in Jodhpur, as reported by an official.
The official stated that the gang was involved in printing forged Rs 500 notes and was set to circulate fake currency amounting to Rs 10 lakh in exchange for only Rs 2 lakh.
The suspects have been apprehended.
DCP Alok Srivastava remarked that the police had been monitoring the gang's activities for an extended period.
“Following reliable intelligence, a raid was executed on Tuesday night at Mandore Krishi Upaj Mandi. Two individuals from Nagaur, identified as Shravan Vyas (28) of Panchaudi and Babulal Prajapat (40) of Bhavnda, were arrested with counterfeit currency valued at Rs 7.5 lakh,” he explained.
The suspects had established their operation above a shop in the local market, where they had set up various equipment, including a color printer, scanner, paper cutter, and computer system for the production of the fake notes.
“We have also confiscated bundles of ready-to-use counterfeit Rs 500 notes along with the necessary packaging materials,” he added.
Further investigation revealed that the duo was targeting large-scale buyers, likely businessmen, by offering counterfeit notes worth Rs 10 lakh in exchange for genuine currency valued at Rs 2 lakh.
During interrogation, the suspects revealed the existence of another rented location in the Balsamand Magji valley area.
“We transported them to this second site for a deeper investigation, and efforts are ongoing to unveil the broader network involved in the production and distribution of counterfeit currency,” he stated.
The authorities are concentrating on identifying and apprehending individuals who purchased the counterfeit notes and circulated them within the market.
Point of View
It is crucial to recognize the ongoing battle against counterfeit currency that threatens the integrity of our financial systems. The swift action taken by the Rajasthan Police not only highlights their dedication but also emphasizes the importance of ongoing vigilance and community cooperation in combating such crimes. At NationPress, we stand firm in our commitment to providing timely and accurate news that reflects the realities of our society.
NationPress
18/06/2025
Frequently Asked Questions
What was the counterfeit currency operation in Jodhpur?
The Rajasthan Police uncovered a fake currency racket in Jodhpur where counterfeit Rs 500 notes were being printed and circulated.
How much counterfeit currency was involved?
The gang was involved in circulating fake currency worth Rs 10 lakh, exchanging it for Rs 2 lakh in real currency.
What equipment was used in the operation?
The suspects used a color printer, scanner, paper cutter, and computer system to produce the fake notes.
Who were the individuals arrested?
The arrested individuals were Shravan Vyas (28) and Babulal Prajapat (40), both from Nagaur.
What are the next steps in the investigation?
Authorities are working to uncover a wider network involved in the production and distribution of counterfeit currency.
