Archive · 22 Sep 2026
Three Arrested in Vasai Chemical Currency Fraud Case
Police in the Vasai area say three people ran a money-trick scam.
The suspects allegedly told people that blank papers or treated notes could become real money.
They promised to give victims three times the money they handed over.
Police say the group showed Rs 500 notes covered with a black chemical.
The notes were allegedly washed to make them look genuine.
Officers raided a hotel in Kajupada after receiving confidential information.
Three people, including two women, were arrested.
Police seized notes, chemicals and other materials.
The case is being investigated under India’s Bharatiya Nyaya Sanhita.
Kashimira Police arrested three suspects, including two women, in Kajupada.
Police allege the group promised to triple victims’ money using a chemical currency-conversion trick.
The suspects allegedly demonstrated Rs 500 notes coated with black chemical being washed into genuine-looking notes.
Police seized 195 Rs 500 notes, chemicals and other materials valued at about Rs 1.36 lakh.
A case was registered under Sections 318(4), 62 and 3(5) of the Bharatiya Nyaya Sanhita, 2023.
- Who
- Kashimira Police arrested Amol Vasant Bhandar, Chaitrali Shankar Chakraborty and Nisha Sunil More.
- What
- Police allege the three operated a chemical currency fraud promising to return three times the money given by victims.
- When
- The alleged demonstration took place on September 7, 2026; the arrests and report are dated September 22, 2026.
- Where
- The alleged operation was at the Golden Retreat Hotel in Kajupada, in the Vasai area.
- Why
- Police acted after receiving confidential information about the alleged fraud.
- Arrests
- Three suspects, including two women, were arrested.
- Suspects
- Amol Vasant Bhandar, 43; Chaitrali Shankar Chakraborty, 27; and Nisha Sunil More, 41.
- Alleged method
- Rs 500 notes were allegedly coated with a black chemical and shown being washed into genuine-looking currency.
- Seized material
- 195 Rs 500 notes, chemicals and other materials.
- Estimated value
- About Rs 1.36 lakh.
- Police station
- Kashimira Police Station.
- Legal provisions
- Sections 318(4), 62 and 3(5) of the Bharatiya Nyaya Sanhita, 2023.