Fake In India': Techie praised by Modi arrested for printing fake Rs 2K notes

[email protected] (CD Network)
December 3, 2016

New Delhi, Dec 3: A budding engineer, whose “innovation” was appreciated by the Prime Minister Narendra Modi at aMake In India' event last year, has now been arrested for printing fake notes of newly introduced currency of Rs 2,000.

abhinavThe 21-year-old B.Tech graduate Abhinav Verma, who also belongs to an Indian Army family, was arrested by Punjab police wit Rs 42 lakh fake currency in the denomination of Rs 2,000 notes in Mohali, Punjab on Thursday.

He was arrested over a tip-off provided to Punjab police, along with two of his accomplices – his cousin Vishakha Verma and Ludhiana-based property dealer Suman Nagpal. According to sources, the trio were duping people by exchanging fake currency (of Rs 2,000) with old Rs 500 and Rs 1,000 notes on a 30 per cent commission.

Parminder Singh, SP Mohali said that the fake currency was recovered on Wednesday from a brand new luxury Audi SUV which was used by Abhinav. The vehicle also had a red beacon, which is allowed only for VVIPs only.

In last few days Punjab police officials across India have been conducting raids to arrest two members of the gang who slipped away. The cops said that the currency given by the gang to their customers even after charging customers was fake.

The cops were stunned when they found that Abhinav Verma is the same person whose work was appreciated by Narendra Modi at Make India event last year.

According to reports, Abhinav is an engineering graduate who is into manufacturing sensors which are supposed to be installed in the sticks for visually handicapped. Abhinav's office is in Chandigarh and it was also used to print fake currency of Rs 2,000 denomination at his office only.

While Abhinav and his cousin Vishakha Verma, an MBA student printed the fake currency, the property dealer was responsible played the role of dispensing it to people who were looking to convert their unaccounted wealth to the new currency. The cops found notes with same serial number.

Last year, Abhinav got a mention from PM Modi in December at the Indian Science Congress in Bengaluru. At the age of 18, he created “Live Braille”, a device to help the vision-impaired to walk without a walking stick.

It gained popularity and was touted as an innovation under the “Make In India' programme. Live Braille has reportedly won awards at major engineering institutes across the country and at Illinois State University. It also won the TiEGER Award by TiE Silicon Valley USA.

Comments

A. Mangalore
 - 
Saturday, 3 Dec 2016

One of Bangladeshi terrorist has liked Zakir Naik's face book talk.
His organization is banned.
Now Modi praised Abhinav and Abhinav is inspired with Mr. Modi
Now what action you take against Modi ????
Thousand dollar question.

abdullah
 - 
Saturday, 3 Dec 2016

Now Modi should be arrested and his all outfits should be banned.
Because this youth is inspired by Modi...

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costaldigest.com news network
June 28,2020

Mangaluru, June 28: Three fresh deaths in last 24 hours have taken the total number of covid-19 deaths in Dakshina Kannada district to 13.

While a 31-year-old youth from Idya in Surathkal and a 57-year-old woman from Bantwal passed away last night, a 52-year-old woman from Jokatte breathed her last today. 

The youth from Suratkal breathed his last in Wenlok. The woman from Bantwal’s Loretto Padav village was unwell for last 1 year. She was tested positive three days ago and passed away at a private hospital. 

The woman from Jokatte was reportedly suffering from tuberculosis. On June 26, she was admitted to a private hospital in the city, where she was tested coronavirus positive.

As per the district health bulletin on Saturday June 27 evening, a total of 12,919 samples have been sent for tests till date, out of which 12,198 have turned out negative, and 576 positive, including 10 persons from other districts. 

Out of these, 148 are currently active. As many as 416 persons have recovered and been discharged.

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News Network
April 3,2020

Bengaluru, April 3: Thirteen people in Karnataka, who had attended the Tablighi Jamaat event in Delhi, have tested positive for coronavirus, said state education minister S Suresh Kumar.

"13 attendees of Delhi's Tablighi Jamaat event have tested COVID-19 positive and 187 were tested negative," said Kumar, who has been entrusted to look into queries related to COVID-19.

He added, "A total number of four COVID-19 positive cases have been confirmed today -- a 75-year-old man in Bagalkote, a 70-year-old in Belagavi, a 26-year-old in Belagavi and a 20-year-old in Belagavi."

"The three people from Belagavi had attended the Tablighi Jamaat event in Delhi," he said, adding that the total number of cases in the state increased to 128.

The reports of 88 other people who had attended the Tablighi Jamaat event are yet to be received, the minister said.

The total number of COVID-19 positive cases in India on Friday rose to 2,547 including 162 cured/discharged and 62 deaths, according to the Ministry of Health and Family Welfare.

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News Network
February 2,2020

New Delhi, Feb 2: Budget 2020 announcement that insurance behemoth LIC will be listed was well received by market participants who said this will be "IPO of the decade" akin to the Saudi Aramco listing.

Finance Minister Nirmala Sitharaman on Saturday said Life Insurance Corporation (LIC) will be listed as part of the government disinvestment initiative.

A "highlight of the budget is the LIC IPO, which is akin to the Saudi Aramco listing for Indian capital markets, and will be IPO of the decade," Vijay Bhushan, President, Association of National Exchanges Members of India (ANMI) said.

According to Krishna Kumar Karwa, Managing Director, Emkay Global Financial Services, the LIC IPO will be a big positive for corporate governance and transparency and will open up one more avenue for fund raising for the government over the years.

Metropolitan Stock Exchange, Interim CEO, Balu Nair said: "The LIC listing will be eagerly awaited by investors and will provide huge fillip to capital raising through the primary market." The government proposes to sell a part of its holding in LIC through an initial public offer, Sitharaman said while presenting Budget 2020-21.

"The government will sell part of LIC through its listing in the stock market which is also a positive trigger for the market," Amit Gupta, CO-Founder and CEO, TradingBells.

Jaideep Hansraj, MD and CEO of Kotak Securities said listing of LIC would help bridge a gap in the Fiscal Deficit for FY21.

Currently, the government owns the entire 100 per cent stake in LIC.

Saudi Aramco shares were listed in December last year.

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