Fake currency notes worth ₹3.92 crore seized

Fake currency notes worth ₹3.92 crore seized

In Gujarat, fake currency notes with a face value of 3.92 crore rupees have been seized from a car belonging to a city-based financier lodged in jail. According to police, the currency notes were suspected to be printed by Ketan Dave, a city-based financier, who is presently in judicial custody on charges of cheating a scrap dealer.

Police found the car parked at Sukhsagar Society in Rajkot last night. Rajkot Police Commissioner Anupamsinh Gehlot told Media persons today, that genuine currency notes worth 80,000 rupees were also seized from the same car. Gehlot said, the accused had used high-quality paper and ink making it difficult to figure out if the currency is fake. The investigation is underway to ascertain whether the accused had circulated the fake currency in local market or in banks.

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