Gujarat: Police seize 7,800 fake notes after house raid in Banaskantha village; two held
AI-Generated Summary
Gujarat Police seized 7,800 counterfeit currency notes during a house raid in a Banaskantha village, leading to two arrests. The accused admitted to recently starting the printing operation, aiming to perfect the fake notes to pass them off as genuine. Police are investigating if any of these notes have already entered the market. An FIR has been filed under various sections of the Bharatiya Nyaya Sanhita, including those for using and possessing forged notes and criminal conspiracy.
In a nutshell
This incident highlights the ongoing challenge of counterfeit currency in the region and the vigilance of law enforcement in combating such economic crimes. The quick detection and seizure prevent a potentially larger circulation of fake notes, safeguarding the financial system.
Source: The Indian Express
