Fake currency racket busted in Kapurthala

Fake currency racket busted in Kapurthala

Major crackdown: The accused arrested with machinery and fake currency worth ~1.47 lakh in Kapurthala. Tribune Photo

Tribune News Service

Kapurthala, July 6

In a major crackdown against the illegal counterfeit currency trade going on in the city, the district police arrested six persons and seized Rs1.47 lakh fake notes in denominations of Rs2,000 and Rs500. The team also seized 30 packets of chemically treated paper used as raw material for making fake currency, bottles filled with chemical and dyes and packets of chemical powder as well as three vehicles used to transport the currency.

The accused have been identified as Pargat Singh of Rajewal in Khanna; Harpreet Kaur of Mullanpur Sirhind; Charnjit Singh and Mohinder Kumar, both of Bhandal Bet; Pawan Kumar Sethi and Gurwinder Singh Guri of Khanna town.

SSP Harkamalpreet Singh Khakh said a police team of Subhanpur police station got information from a reliable source that a Skoda car (PB10-DS-3700) driven by Pargat Singh, son of Bhajan Singh, in which a woman named Harpreet Kaur is also present, is distributing fake notes to gullible people by luring them with a scheme of doubling their money.

Acting swiftly, special police teams were formed under the supervision of ASP Bholath Ajay Gandhi, including SHO Subhanpur and other staff, to curb the illegal business of distribution of counterfeit notes and to arrest the accused involved in this racket. The SSP said one police team made a special check-post on Nadala to Subhanpur road and stopped the vehicle for checking, during the search, the police found fake notes of Rs 2,000, Rs 7,500 of genuine Indian currency along with a bottle filled with chemical, one packet containing powder weighing 20 gm, four packets of 400 chemically treated papers used to make 500x500 notes and eight packets of 800 white papers used to make 2,000x 2,000 rupee notes.

The SSP said, “Preliminary interrogation of the arrested accused has revealed that they are involved in this illegal business to earn easy money and some more members of their gang are distributing fake notes to people in different vehicles. A huge quantity of raw material is also present in their vehicles, from which counterfeit notes are made.

Police teams immediately moved to the suspected area of presence of their other associates and apprehended Charnjit Singh Channa and Mahinder Kumar from Mahindra Mexico vehicle and seized three packets of 300 chemically treated papers used to make 500x500 notes and two packets of 200 white papers used to make 2,000x 2,000 rupee notes”.

Similarly, the police party also intercepted a Verna car (PB41FS8819) near Dyalpur flyover and arrested Pawan Kumar and Gurvinder Singh Guri and confiscated 60 fake notes of Rs 2,000 denomination of Rs 1.2 lakh and 50 fake notes of Rs 25,000 of 500 denomination along with three packets of 300 chemically treated papers used to make 500x500 notes and 10 packets of 1,000 white papers used to make 2,000x2,000 rupee fake notes.

The SSP said during interrogation the involvement of 11 more members of this racket has come to notice and police teams are moved to arrest these members.

Tribune Shorts

Top Stories

Navjot Singh Sidhu resigns as Punjab Congress chief

Navjot Singh Sidhu resigns as Punjab Congress chief

Puts up his resignation letter on Twitter; I told you so, sa...

Razia Sultana resigns from Punjab Cabinet 'in solidarity with Navjot Singh Sidhu'

Razia Sultana resigns from Punjab Cabinet 'in solidarity with Navjot Singh Sidhu'

Comes hours after Sidhu steps down as PPCC chief

Inside track: What led to Navjot Singh Sidhu's resignation

Inside track: What led to Navjot Singh Sidhu's resignation

Reliable party sources attribute Sidhu’s resignation to five...

Sulking Sidhu meets aides; action shifts to Yadavindra Enclave—his Patiala home

Sulking Sidhu meets aides; action shifts to Yadavindra Enclave—his Patiala home

Sidhu's refused to rethink, says he cannot be a 'puppet at t...

This is not cricket, says ex-Punjab Congress chief Sunil Jakhar on Navjot Sindhu Sidhu

This is not cricket, says ex-Punjab Congress chief Sunil Jakhar on Navjot Sindhu Sidhu

Congress leadership’s faith in Sidhu compromised

Cities

View All