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.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
May 22,2020

Warangal, May 22: In a shocking incident, bodies of nine migrant workers, including six of a family, were found in a well at Gorrekunta area in the outskirts of Warangal city. Of the nine bodies, four were found on May 21.

"Till now, nine bodies have been found in a well near a gunny bag godown at Gorrekunta area in the outskirts of Warangal city. Of the nine bodies, four were found on May 21 and the rest were found today. As six of the bodies belong to one family, it has led to suspicion," said Dr V Ravinder, Commissioner of Police, Warangal, while speaking to ANI over phone.

"The four bodies that were found yesterday have been identified as Md Maksood (50), his wife Nisha (45), daughter Busra (20) and grandson (3). The five bodies that have been found today have been identified as that of Shabad Alam, son of Maksood, Sohail Alam (Maksood's family member), Shakeel, a family friend of Maksood," he further said.

The bodies have been taken out from the well and sent to MGM Hospital for post mortem.
Minister Errabelli Dayakar, District Collector Harita, Mayor Prakash Rao have visited the spot along with the Warangal Commissioner.

Md Maksood had migrated from West Bengal to Warangal 20 years ago. Since last December, he and his family members have been working in a nearby gunny bag manufacturing unit godown at Gorrekunta. After the lockdown, the family shifted from Warangal and settled down in the factory godown.

According to police, on Thursday noon when the unit owner Santosh came to the godown as part of his daily routine he could not find any of the labourers. Later, he discovered four dead bodies floating in the well.

The Warangal police has registered a case under Section 174 CrPC. They said the exact reason for their deaths will be known only after the investigation.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
June 7,2020

Bengaluru, Jun 7: A 27-year-old man was allegedly killed using deadly weapons by unidentified people here, police said.

The incident took place at deceased, Arvind's rented house in LBS Nagar inside HAL police station limits.

According to police, Arvind is an accused in a criminal case and recently walked out of jail on bail. 

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
March 28,2020

Hyderabad, Mar 28: Seven labourers from Karnataka were killed and four injured when the van in which they were travelling was hit by a truck near Pedda Golconda on the outskirts of the city late on Friday night, police said.

The deceased included two children. Of the 31 workers in the van, five died on the spot and two while undergoing treatment at a hospital, Assistant Commissioner of Traffic Vishwa Prasad said.
Four others were hospitalised and the condition of one of them is critical, he said, adding the other workers in the van escaped with minor injuries.

The workers were on their way back to their home town Raichur in Karnataka as the road project they were working in at Suryapet here was stalled due to the lockdown, Prasad said.

He said initital investigations revealed that the mango laden truck, which was on its way to Gujarat, was overspeeding.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.