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Murder Probe in Ahmedabad Reveals Interstate Counterfeit Currency Racket

Seizure of printing equipment plus roughly Rs 28.9 lakh in fake notes has prompted an interstate probe into suppliers with investigators seeking untraced circulated bills.

Overview

  • A homicide inquiry in Ahmedabad exposed a counterfeit operation after police found the body of the alleged mastermind in a rented flat and detected evidence of note printing there.
  • Authorities have arrested six suspects, including five adults and a juvenile, and recovered printing machines, a laptop and raw materials used to make fake currency.
  • Police seized counterfeit notes with a face value of about Rs 28.9 lakh and say the gang may have printed nearly Rs 60 lakh over roughly three months.
  • Investigators say specialised paper, inks and strip-like materials were sourced from outside Gujarat and that the unit used lamination, laser printing and watermark impressions to mimic security features.
  • Separate FIRs for murder and counterfeit currency have been registered and police are pursuing interstate leads to trace suppliers, recover roughly Rs 30 lakh said to have been circulated, and identify further participants.