FAKE CURRENCY RACKET

  • Rajasthan Police recover fake currency of Rs 3.37 lakh, one arrested May 6, 2014

    Rajasthan Police's Special Operation Group claimed to have busted an interstate fake currency racket, with the arrest of one person and recovery of counterfeit currency of over Rs 3.37 lakh from him. The suspected money carrier, Surjeet Kumar Yadav of Itawa, was arrested with fake currency of Rs 3,37,500 outside Kanpur...
  • RBI to withdraw pre2005 currency notes to unearth black money January 23, 2014

    The RBI has announced that currency notes issued before 2005 will no longer be accepted. The notes can be exchanged at banks till July. The old notes are being withdrawn because they do not display the year they were printed. The move is being seen as an effort to crack...
  • Bengali film actor held in fake currency racket November 7, 2012

    Mumbai: A Bengali film actor, who was suspected to be a part of the international fake currency racket, has been arrested from West Bengal, police said on Wednesday. Babloo Shaikh had been arrested from Malda of West Bengal on Tuesday, a crime branch official said. Shaikh, who hails from West...
  • Kerala: Major fake currency racket busted, 8 held October 24, 2011

    Thiruvananthapuram: Days after CNNIBN highlighted new routes favoured by fake currency smugglers, a major counterfeit currency racket has been busted in Thiruvananthapuram. The Thiruvananthapuram rural police have busted the racket which has roots across Kerala and other southern states. As many as eight people were arrested from Malda district in West Bengal...