Archive · 8 Nov 2025
Thane Police Nab Man in Fake Gold and Toy Currency Scam
Imagine someone tried to trick people by using fake money that looked like it was for a school project and fake gold bars.
They would put real money on the outside of the fake bundles so it looked real.
This person promised to make a small amount of money become much bigger very quickly.
However, a person who was approached got suspicious and told the police.
The police set a trap and caught the person with all the fake money and gold.
The person's partner got away, but the police are looking for them and other people who might have been tricked.
Thane police arrested Sanjaykumar Pakodilal Bharti for running a scam using fake gold and toy currency notes.
The accused used fake currency bundles (marked 'For School Project Use Only') and fake gold bars to deceive victims.
Victims were promised high returns, such as tripling their money in three weeks.
Police caught Bharti during a trap operation while he was attempting to exchange toy notes for real currency.
Authorities seized fake currency bundles, fake gold bars, and a motorcycle, and are investigating further.
- Who
- Thane police arrested Sanjaykumar Pakodilal Bharti; an accomplice fled.
- What
- A racket involving toy currency notes and fake gold bars used to deceive victims with promises of quick profits.
- When
- Arrest made on November 3, around 2 p.m.
- Where
- Near Global Hospital, Saket–Balkum Road, Thane.
- Why
- To lure victims into making investments with fake currency and gold, promising high returns.
Law Enforcement
Accused
Nature of the Scam
Law Enforcement
The accused used toy currency notes and fake gold bars to lure victims with promises of quick profits and selling gold at throwaway prices.
Accused
The accused promised to triple a victim's money within three weeks, offering Rs3 lakh for Rs1 lakh, and was caught exchanging toy notes for real currency.
Evidence Used in Scam
Law Enforcement
Toy currency notes marked 'For School Project Use Only' and 'Bachon Ka Bank,' and fake gold biscuits marked 'Suisse 100g Fine Gold 999.9' were used.
Accused
Fake currency bundles and gold-like metal biscuits were seized.
- Location
- Thane, India
- Accused Name
- Sanjaykumar Pakodilal Bharti
- Modus Operandi
- Used toy currency notes (with real notes on top and bottom) and fake gold bars to deceive victims promising high returns.
- Crime
- Cheating and fraud
- Seized Items
- 360 bundles of fake Rs500 notes, 38 yellow metal bars resembling gold biscuits, black Honda Unicorn motorcycle
- Legal Action
- FIR registered under Section 318(4) of the Bharatiya Nyay Sanhita (BNS) Act
- Official Confirmation
- Deputy Commissioner of Police Prashant Kadam
Sources
Maharashtra Jeweller Held For ₹2.5 Crore Fake Gold Loan Scam; Accused Supplied Counterfeit Ornaments To Customers Seeking Bank Loans
Man held for cheating people with bogus notes, fake gold
