Through PTI
SURAT: Town police seized pretend foreign money notes with the face price of Rs 317 crore from quite a lot of places in Gujarat and Mumbai and arrested six individuals, officers mentioned on Tuesday.
The primary accused, Vikas Jain, was once picked up from Mumbai. He runs a courier company with branches in numerous towns. The counterfeit foreign money notes have been seized from quite a lot of places in Mumbai, Anand, Surat and Jamnagar.
The Faux Indian Foreign money Notes (FICN) in denominations of Rs 2,000 and Rs 500 in addition to the ones of scrapped notes of Rs 500 and Rs 1,000 have been seized after the hot arrest of 1 Hitesh Kotadiya, who was once riding an ambulance with the pretend foreign money having the face price of Rs 25.8 crore, the Surat (Rural) Police mentioned in a unlock.
Greater than 28 gadgets of the seized FICN had “Opposite Financial institution of India” and “film taking pictures goal most effective” published on them, which the police mentioned was once supposed to deceive government.
Officers of the Reserve Financial institution of India (RBI) and forensic mavens have established the seizure as FICN, police mentioned.
A First Knowledge File (FIR) was once registered in opposition to the six individuals underneath sections 489 (A)(B)(C) (visitors or use as authentic counterfeit foreign money notes), 406 (felony breach of agree with ), 420 (dishonest), 201 (inflicting disappearance of proof), and 120 (B) (felony conspiracy) of the Indian Penal Code (IPC).
In step with police, Jain provided FICN to the accused individuals. He runs the courier carrier with workplaces in Gujarat, Maharashtra, Madhya Pradesh and Delhi.
Jain used to get the pretend banknotes published in numerous towns in north India and delivery them to Mumbai thru his courier carrier.
He concealed the pretend foreign money at a godown within the Maharashtra capital, the discharge mentioned. Police seized pretend notes with a face price of Rs 227 crore of the full seizure from Mumbai on my own.
The accused individuals have been passing off FICN as authentic banknotes they usually had not anything to do with film manufacturing, police mentioned. The entire six accused conspired to cheat firms which donated cash to a agree with, police mentioned.
SURAT: Town police seized pretend foreign money notes with the face price of Rs 317 crore from quite a lot of places in Gujarat and Mumbai and arrested six individuals, officers mentioned on Tuesday.
The primary accused, Vikas Jain, was once picked up from Mumbai. He runs a courier company with branches in numerous towns. The counterfeit foreign money notes have been seized from quite a lot of places in Mumbai, Anand, Surat and Jamnagar.
The Faux Indian Foreign money Notes (FICN) in denominations of Rs 2,000 and Rs 500 in addition to the ones of scrapped notes of Rs 500 and Rs 1,000 have been seized after the hot arrest of 1 Hitesh Kotadiya, who was once riding an ambulance with the pretend foreign money having the face price of Rs 25.8 crore, the Surat (Rural) Police mentioned in a unlock.
Greater than 28 gadgets of the seized FICN had “Opposite Financial institution of India” and “film taking pictures goal most effective” published on them, which the police mentioned was once supposed to deceive government.
Officers of the Reserve Financial institution of India (RBI) and forensic mavens have established the seizure as FICN, police mentioned.
A First Knowledge File (FIR) was once registered in opposition to the six individuals underneath sections 489 (A)(B)(C) (visitors or use as authentic counterfeit foreign money notes), 406 (felony breach of agree with ), 420 (dishonest), 201 (inflicting disappearance of proof), and 120 (B) (felony conspiracy) of the Indian Penal Code (IPC).
In step with police, Jain provided FICN to the accused individuals. He runs the courier carrier with workplaces in Gujarat, Maharashtra, Madhya Pradesh and Delhi.
Jain used to get the pretend banknotes published in numerous towns in north India and delivery them to Mumbai thru his courier carrier.
He concealed the pretend foreign money at a godown within the Maharashtra capital, the discharge mentioned. Police seized pretend notes with a face price of Rs 227 crore of the full seizure from Mumbai on my own.
The accused individuals have been passing off FICN as authentic banknotes they usually had not anything to do with film manufacturing, police mentioned. The entire six accused conspired to cheat firms which donated cash to a agree with, police mentioned.
