2 hrs ago
Man Held With Rs 10.64 Lakh In Fake Notes
Police in Mumbai arrested a man accused of carrying fake money.
They said he had 2,128 counterfeit notes.
Each note was designed to look like a Rs 500 note.
Together, the notes had a face value of Rs 10.64 lakh.
Police found him near Metro Cinema in south Mumbai.
A 55-year-old woman was also detained in connection with the case.
She was later released after being given a legal notice.
Police are investigating how the suspected network operated.
Mumbai Crime Branch arrested 38-year-old Danish Khan with 2,128 counterfeit Rs 500 notes.
The fake currency had a stated face value of Rs 10.64 lakh.
Khan was detained near Metro Cinema in south Mumbai on Sunday morning.
A 55-year-old woman was detained and later released after receiving a legal notice.
Investigators said the syndicate exchanged two fake Rs 500 notes for one genuine note.
- Who
- Mumbai Crime Branch arrested Danish Khan, 38, and detained a 55-year-old woman in connection with the suspected counterfeit-currency racket.
- What
- Police allegedly seized 2,128 fake Indian currency notes of Rs 500 denomination, valued at Rs 10.64 lakh.
- Where
- Near Metro Cinema in south Mumbai; Khan was identified as a resident of Koparkhairane in Navi Mumbai.
- When
- The arrest took place on Sunday morning; the report was dated September 7.
- Why
- Police alleged that the notes were intended for circulation or sale through a scheme exchanging two fake Rs 500 notes for one genuine note.
Key facts
- Arrested person
- Danish Khan, 38
- Counterfeit notes
- 2,128 fake Indian currency notes
- Denomination
- Rs 500 per note
- Face value
- Rs 10.64 lakh
- Location of trap
- Near Metro Cinema, south Mumbai
- Woman detained
- A 55-year-old woman, later released after being served a legal notice
- Police station
- Azad Maidan police station
Quotes
Mumbai Crime Branch official
Official who described the tip-off, police operation, and counterfeit-note recovery
“Crime Branch Unit-2 received a specific tip-off that two persons would be arriving near Metro Cinema to sell high-quality FICN. A team under Inspector Dilip Tejankar laid a trap at the location on Sunday morning. The team recovered 2,128 fake notes of Rs 500 denomination with a face value of Rs 10.64 lakh.”
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