6 People Held in Amritsar With Old Rs. 500 & Rs. 1000 Notes

Amritsar | There have been a lot of fake currency scams even since Narendra Modi, Prime Minister Of India abolished old Rs. 500 and Rs. 1000 notes and launched new notes of Rs. 500 and Rs. 2000. A lot of instances of fake currency fraud have been reported in the metropolitan cities of India like New Delhi, Hyderabad and Chennai and much more.

People have found ways and means of developing fake new currency notes issued by the Indian government last year. Currency check “Nakas” are also put by the local police to catch the people involved in the fake currency scam. People including the youth dreamt of quick money by selling fake currency notes.

Fake Currency Recovered Worth Rs. 75 Lakh 

The rural police of Amritsar have recovered fake currency worth Rs. 75 Lakh on Thursday. The police have arrested six people who were involved in the fake currency scam. The rural police of Amritsar said that the scrapped notes were in the denominations of Rs. 500 and Rs. 1000.

The six arrested people have been identified as Naveen, Pawan, Pamit, Rajat, Arun and Sukhraj Singh.

How Did The Police Catch The Fake Currency Scam Offenders

The SP said that they had a tip-off after which the police conducted a raid at a house in Basant Avenue.

After investigating, the police got to know that all six persons who were involved in selling the fake currency notes used collect fake currency notes from the market. After collecting the fake currency notes they used to get it converted into the new currency notes. The fake notes were kept at a house in Basant Avenue. The police have seized the currency notes and have informed the Income Tax department about the fake currency scam.

The SP said that the fake currency notes were recovered from Amritsar city so they handed the case to the concerned police station for further investigation. A FIR has also been registered against the accused.

Source: The Times Of India.

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Tushar Pasrija is a digital marketer, public speaker and globetrotter who loves reading autobiographies and thrillers. He is passionate about wildlife and landscape photography. You may reach Tushar at hello@chandigarhmetro.com