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Gujarat

Fake currency printing unit busted in Surat

by TLAteam September 23, 2024September 23, 2024
written by TLAteam September 23, 2024September 23, 2024
Fake currency printing unit busted in Surat

A fake currency printing unit operating under the guise of a garment store in Surat was busted by the Surat Special Operations Group (SOG) on September 21.

Business News

The SOG apprehended four persons along with ₹1 lakh worth of counterfeit ₹100 notes.

After keeping a thorough watch, the SOG team raided the shop in the Apple Square building, located in Sarthana area’s Yogi Chowk, which yielded a large quantity of counterfeit currency. A computer, scanner, and a colour printer were among the items confiscated from the shop.

During interrogation, the accused revealed they created counterfeit notes by scanning genuine notes and taking out their colour prints. These counterfeit ₹100 notes could be easily circulated in the market after that.

Further investigations revealed that Bhavesh Rathod had started printing counterfeit currency a month ago. He used to produce three counterfeit notes against a genuine note.

The three arrested individuals alongside Rathod include Sagar, Rahul Chauhan, and Pawan Banode. One of the four accused is from Maharashtra, another is from Madhya Pradesh, and the remaining two are said to be natives of Amreli.

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