Archive · 14 Nov 2025
Punjab Police Bust Interstate Fake Currency Ring, Seize ₹9.99 Crore
Police in Punjab have caught two men who were running a big operation to make and spread fake money across different states.
They found almost 10 crore rupees, with most of it being fake or old money that can no longer be used.
The men had a sneaky way of tricking people by putting real money on the top and bottom of stacks, with fake money in the middle.
These men are also thought to be involved in other scams in Punjab, Haryana, and Rajasthan, and even a large fraud case from last year.
The police are still investigating to find out who else is part of this network and expect to make more arrests soon.
They also took the car the suspects were using.
Punjab Police arrested two individuals, Sachin and Gurdeep, in Dera Bassi for operating an interstate fake currency module.
A total of Rs 9.99 crore in counterfeit and demonetised currency was seized, including Rs 11,05,000 in original old currency.
The accused allegedly used a method of placing real notes on top of fake notes to deceive unsuspecting individuals.
The arrested individuals have criminal backgrounds and are linked to cheating and counterfeit cases in Punjab, Haryana, and Rajasthan.
Police impounded a white Scorpio-N vehicle and are continuing investigations to identify the full network and more associates.
- Who
- Sachin and Gurdeep, residents of Kurukshetra, Haryana
- What
- Busted an interstate fake currency module and seized Rs 9.99 crore in counterfeit and demonetised currency.
- When
- Thursday
- Where
- Dera Bassi, Mohali district, Punjab
- Why
- To operate an interstate fake currency network and deceive individuals by placing real notes on top of fake notes.
Accused's Alleged Modus Operandi
Police's Findings
Currency Handling
Accused's Alleged Modus Operandi
The accused allegedly placed genuine notes on top and bottom of bundles filled with fake notes to deceive individuals.
Police's Findings
The accused used a deception method by placing real notes on top of bundles while hiding fake notes inside to cheat unsuspecting individuals.
Criminal Connections
Accused's Alleged Modus Operandi
The accused are believed to be part of an organized network involved in duping people.
Police's Findings
The arrested individuals have criminal backgrounds and are linked to multiple cheating and counterfeit cases across Punjab, Haryana, and Rajasthan, including a ₹7 crore fraud case in Mohali.
- Total Currency Seized
- Rs 9.99 crore
- Counterfeit Currency
- Rs 9.88 crore
- Genuine Discontinued Currency
- Rs 11,05,000
- Arrested Individuals
- Sachin and Gurdeep
- Vehicle Seized
- White Scorpio SUV
- States Involved
- Punjab, Haryana, Rajasthan
- Previous Case
- ₹7 crore fraud case in Mohali (2023)
Sources
EOW arrests three for ₹4 crore loan fraud using forged Dwarka property documents
Delhi: ATM fraud module busted; 3 held with over Rs 42 lakh stolen cash
Singapore-based man arrested from Delhi in Rs 32-core bank fraud case: CBI
Punjab Police bust interstate fake currency module; Rs 9.99 crore seized
Dera Bassi police busts inter-state fake currency racket; Rs 9.99 crore seized, two arrested
