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...

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
July 10,2020

Bengaluru, Jul 10: The Karnataka cabinet gave its approval for "The Karnataka Contingency Fund (Amendment) Bill, 2020" to enhance the contingency fund limit to Rs 500 crore in the wake of the COVID-19 pandemic.

This will be an ordinance making one time enhancement in the limit as the government needs money to make payments immediately, Law and Parliamentary Affairs Minister JC Madhuswamy told reporters after a cabinet meeting.

Under the contingency fund, the government had room to spend up to Rs 80 crore without budget provision.

"...but this time due to COVID-19 as we had to give money to some sections that were in distress like barbers, flower and vegetable growers, taxi drivers, among others, we have decided to increase the limit to Rs 500 crore," Mr Madhuswamy said.

"As assembly was not in session and as we had to make payments to those in distress immediately, this decision has been taken," he added.

The cabinet today ratified the administrative approval given to carry out civil and electrical works to install medical gas pipeline with high flow oxygen system at district hospitals, taluk and community health centres coming under Health and Family welfare department in view of COVID-19.

The minister said about Rs 207 crore is being approved for this purpose.

It also ratified procurement of medical equipment and furniture for public healthcare institutions of the health and family welfare department worth Rs 81.99 crore.

According to the minister, the cabinet has decided to bring in an amendment to section 9 of the Lokayukta act, which mandates that the preliminary inquiry contemplated by Lokayukta or Upalokayuta should be completed in 90 days and charge sheeting should be completed within six months.

Noting that at the Agricultural Produce Market Committee (APMC) cess was being collected, he said as the government had brought in an amendment to the APMC act, there was demand to reduce the market cess. "So we have reduced it from 1.5 per cent to one per cent."

Approval has also been given by the cabinet to bring Karnataka Vidyuth Kharkane (KAVIKA) and Mysore Electrical Industries (MEI), which are presently under the control of Commerce and Industries department, under administrative control of the energy department.

Other decisions taken by the cabibinet include deployment and implementation of "e-procurement 2.0" project on PPP at a cost of Rs 184.37 crore and ratification of the action taken to issue orders on March 24 to release interest free loan of Rs 2,500 crore to ESCOMs for payment of outstanding power purchase dues to generating companies.

The cabinet also gave administrative approval for setting up of an Indian Institute of Information technology at Raichur.

"Under this, we are committed to provide Rs 44.8 crore in four years for infrastructure," the minister added.

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
July 24,2020

Bengaluru, Jul 24: Karnataka Government on Friday issued an order regarding the refixation of rates for RT-PCR testing and Rapid Antigen testing for private laboratories in view of the COVID-19 pandemic.

The state induced Task Force Committee has revised the rate of RT-PCR testing to cost Rs 2,000 per test and Rapid Antigen testing for private samples to cost Rs 700 per sample.

Ceiling rate for private samples in private laboratories including screening test and confirmatory test is Rs 3,000 per test, read the order

The cost is inclusive of the price of Personal protective equipment (PPE) kit, stated the government in the order.

Karnataka has reported 5,007 new COVID-19 positive cases and 110 deaths on Friday.

The total number of cases stands at 85,870 including 52,791 active cases and 1,724 deaths, added the state Government.

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
April 2,2020

Bengaluru, Apr 2: A health worker, who was part of a team fighting against the Coronavirus disease in the city, was allegedly attacked by a mob and duped of her belongings at the Sadiq Layout in the Shivajinagar area on Thursday.

According to police sources, the health worker came under attack by a mob of youths when she was collecting data from those who were sick in the locality.

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.