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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coastaldigest.com news network
January 22,2020

Mangaluru, Jan 22: Eminent industrialist Dr Mohammed Yusuf has been elected the chairperson of the Karnataka State Board of Auqaf. 

10 members of the Board cast their votes in the election held to the top post today at its office in the city. While Dr Yusuf, who was backed by the Congress, secured six votes, K N M Shafi Sa’adi, who was backed by the BJP, secured only 4 votes.

Addressing reporters, Dr Yusuf said that there was 1.32 lakh acres of Wakf land at the time of Independence. A large number of the properties were lost under various laws, including the Inam Land Abolition Act.

Flanked by Congress MLA Tanveer Sait and Minorities Welfare Dept secretary A B Ibrahim, Dr Yusuf vowed to strive hard to make the Board an example for the entire country. 

74-year-old Dr Yusuf had held the post more than once in the past. A veterinarian, Dr Yusuf had quit the government job and set up business in Bengaluru and Dubai decades ago and has earned considerable success.

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coastaldigest.com news network
July 14,2020

Mangaluru / Dammam, July 14: As many as 180 NRIs from Karnataka who were stranded in Saudi Arabia amid Covid 19 crisis today reached their home country by a flight charted by a Jubail based company KMT.

The Indigo flight carrying 174 adult passengers and 6 infants took off from King Fahad Airport, Dammam at 6:30 a.m. and landed at Mangaluru International Airport at 1:30 p.m.

Pregnant women, people with serious ailments and those who lost jobs are among the passengers. KMT has provided free ticket for some of the passengers who were in dire need of support.

KMT is a company which is head quartered in Jubail, Saudi Arabia was formed by natives of Addoor, Dakshin Kannada -  Shoukath, Abdul Razaq, Siddique and Abdul Rahman.

The CEO of KMT, Mr. Abdul Razaq has thanked Dr. Arathi Krishna, former president of KNRI Forum for her support to KMT in chartering flight.

He has also has expressed his gratitude to D.K district administration, director of SACO  company Mr. Althaf Ullal and KMT operation Manager Mr. Sadiq Ahmed and his team for their cooperation.

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News Network
March 4,2020

Bengaluru, Mar 4: CM BS Yediyurappa may reconsider plans to hike taxes and curtail populist schemes in his budget on Thursday as the Centre released part of GST compensation it owes the state. Officials said the Centre released the first instalment of the bimonthly compensation for October-November amounting to Rs 2,013 crore.

"This is welcome relief as the government has been scrambling to mobilise funds," said BT Manohar, member of GST consultative committee, government of Karnataka. The second instalment of Rs 1,523 crore is also expected to be released soon.

The CM, in his seventh budget, is expected keep the focus firmly on farmers and give top priority to irrigation, agriculture and welfare schemes.

The irrigation sector is expected to land the lion's share with an allocation of at least Rs 25,000 crore, followed by agriculture. Former CM Kumaraswamy had allocated over Rs 17,000 crore for water resources.

The bulk of funds is likely to go to the Upper Krishna (UKP) and Upper Bhadra projects, as it will help backward Kalyana Karnataka and central Karnataka regions. The two are also significant political blocs. The government will also seek assistance from the Centre for the UKP project in the erstwhile Hyderabad-Karnataka region, which enjoys special status under the Constitution owing to its backwardness. P4

Yediyurappa is also expected to spell out populist schemes for the poor.

Former CM HD Kumaraswamy had allocated Rs 17,212 crore in the previous budget for water resources and Yediyurappa is likely to go well beyond that figure. "Priority will be given to irrigation and farmers," Yediyurappa had said recently. "I am making efforts to present a budget within the financial constraints."

he amounts are released once every two months, but the Centre had fallen behind on payments. PX

"There are indications that another payment will be made."

The state's optimism stems from the fact that the Centre's GST collection crossed the Rs 1 lakh crore-mark for four successive months till February.

However, the CM could still hike tax rates marginally. At a pre-budget meet on resource mobilisation where Yediyurappa is learnt to have expressed willingness to borrow funds, officials from the finance department advocated raising tax rates instead.

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