Fake currency notes worth Rs 3.92 crore seized in Rajkot

March 4, 2017

Rajkot, Mar 4: Fake currency notes with a face value of Rs 3.92 crore have been seized from a car belonging to a city-based financier lodged in jail, police said today.cash

The currency notes were suspected to be printed by Ketan Dave, a city-based financier, who is presently in judicial custody on charges of cheating a scrap dealer Nitin Patel, they said.

The Rajkot Police found the car parked at one Sukhsagar Society here last night, after the questioning of two of Dave's accomplices, Parth Terraiya and Umang Gajjar, who are also in jail. "We searched the parked car owned by Dave and found fake currency with a face value of Rs 3.92 crore," Rajkot Police Commissioner Anupamsinh Gehlot told reporters.

Genuine currency notes worth Rs 80,000 were also seized from the same car, he added.
"The accused had used high-quality paper and ink making it difficult to figure out if the currency is fake," Gehlot said.

Also, investigation is underway to ascertain whether the accused had circulated the fake currency in local market or in banks (through deposits), he added.

Police had arrested Dave along with his business partner Shailesh Bambhaniya after Patel filed a complaint of cheating on February 24. Subsequent police raids on Dave's office premises unearthed fake currency with face value of Rs 57 lakh.

Patel in the FIR said Dave and Bambhaniya had promised to lend him Rs 50 lakh in cash on the condition that he issue a cheque of the same amount in the name of their financial firm.

Patel had issued a cheque but failed to get the money from them following which he lodged a complaint with "A" division police station here.

Their interrogation had led the police to nab the two accomplices (Terraiya and Gajjar) whose questioning led the police to seize the fake currency, Gehlot said.

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News Network
May 12,2020

May 12: A Madhya Pradesh Police sub-inspector was fined Rs 5,000 after he performed a daredevil act of balancing himself on two moving cars, copying the famous stunt from Ajay Devgn-starrer 'Singham'.

Manoj Yadav, the in-charge of Narsinghgarh police post in Damoh district, was also warned against any such daredevilry in future, police sources said on Monday.

Sporting shades as the hero of the cop drama film and wearing his police uniform, Yadav got the entire episode video-graphed, they said.

As the video of the stunt went viral on social media, senior police officials took serious note of it as it will send wrong signals to youngsters, the sources said.

Inspector General, Sagar range, Anil Sharma directed Damoh Superintendent of Police Hemant Chauhan to probe the matter.

After an investigation, Chauhan imposed a fine of Rs 5,000 on the sub-inspector and warned him not to repeat such mistakes.

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News Network
July 12,2020

Tamil Nadu, Jul 12: An alleged attempt by a 19-year-old man to "open a branch of the State Bank of India" at Panruti near Tamil Nadu was scuttled and he was arrested for forgery, police said on Saturday.

The man, son of retired SBI employees, had readied fake seals and challans of the public sector lender, and had other paraphernalia like a cash counting machine needed "to run a bank branch," on an upper floor of his residence at Panruti, about 25 km from Tamil Nadu.

He had not, however, put up any signboard. The SBI Panruti branch manager lodged a complaint with police seeking action following a tip-off by a customer that the man was "opening an SBI branch and has challans as well."

A printer who printed the challans and another who had made fake seals were held for similar offences and abetment.

They were produced before a magistrate court and enlarged on bail.

Asked if the man had cheated people by soliciting deposits or facilitating loans, Panruti police inspector K Ambethkar said, "no..we have not received any such complaint so far."

The man's late father had worked for SBI and his mother had retired from the same bank some time back, he said.

To a question, the police inspector said the man's mother, who has mobility issues, and another woman a relative living in the same house had no clue about his "idea."

Investigations revealed that he aspired to work for a bank and since he had closely watched banking operations for long he was "very knowledgeable" about it.

On the suspected motive, he said several of his replies were incomprehensible, childish, and strange notwithstanding his excellent understanding of the banking processes.

"He even calmly told us that he awaited approval from Mumbai to open the (SBI) branch and that he was about to put up a signboard," the inspector said, adding that the man had tried unsuccessfully to get employment on compassionate grounds in the SBI following the death of his father in harness.

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Agencies
March 24,2020

Kochi, Mar 24: A 54-year-old domestic passenger was arrested at the airport here for allegedly refusing to follow instructions given by doctorsfor prevention of the spread of novel coronavirus, police said here on Tuesday.

Lami Arackal from Ernakulam, who landed from Chennai at the Cochin International Airport at Nedumbassery on Monday night, was arrested based on a complaint from health officials, they said.

He was, however, later released on bail.

Arackal allegedly refused to wear mask and follow other instructions to be observed by the passengers coming from other states as part of the measures to check COVID-19 spread.

He also allegedly misbehaved with the medical officers, police said.

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