In a major breakthrough, Police have busted a fake currency racket and arrested an engineering graduate in connection with the case, marking a significant breakthrough.
Dilip Keshwala (20), a resident of Sola in Ahmedabad, has been identified as the accused.
Police have recovered as many as 98 fake Indian currency notes of the Rs 2,000 denomination from the Keshwala’s possession.
“Dilip is an engineering graduate. He had applied for a job back in December 2021, after which he got in touch with an unknown man who hired him as a porter to deliver cash and goods to postal addresses in Ahmedabad. The main accused used to courier fake currency notes to Dilip and asked him to purchase mobile phones and other electrical items from the cash”, said a police official from Detection of Crime Branch.
“Dilip used to resell the new phones and gadgets and the genuine currency notes thus received were then sent to a courier (finance company) office in Ahmedabad. The main accused used to receive money in bitcoins,” a police official from Detection of Crime Branch” he further added.
According to police, the accused used fake currency notes to buy at least 26 cellphones from two showrooms in Ahmedabad.
The main suspect in the case is still at large. Keshwala has been charged under Section 489A of the Indian Penal Code.