Archive · 9 Jan 2026
₹400-Crore Demonetised Cash Heist Rocks Nashik Police
A huge amount of old ₹2,000 notes worth ₹400 crore was stolen while being transported from Karnataka to Gujarat.
The money was supposed to be converted into legal tender for election activities.
A real estate agent named Sandeep Patil filed a complaint saying he was wrongly accused and threatened by people connected to a builder and a politician.
He also claimed that some police officers knew about the theft but didn't report it.
Patil provided audio and video evidence to support his claims.
The police are now investigating the matter.
₹400 crore in demonetised ₹2,000 notes was stolen during transit from Karnataka to Gujarat.
The cash was allegedly meant for election-related activities and was to be converted into legal tender.
Sandeep Patil, a Nashik-based real estate agent, filed a complaint alleging involvement of a builder, politician, and police personnel.
Patil claimed he was kidnapped, threatened, and falsely implicated in the heist.
Audio and video evidence submitted by Patil includes conversations involving police, the builder, and a hawala operator.
- Who
- Sandeep Patil (complainant), Nashik police, Thane-based builder, Gujarat-based hawala operator, and political functionaries
- What
- Theft of ₹400 crore in demonetised ₹2,000 notes and subsequent allegations of police and political involvement
- When
- October 16, 2025 (theft), October 22, 2025 (alleged kidnapping of Patil)
- Where
- Chorna ghat, Maharashtra-Karnataka border, and Nashik
- Why
- The cash was allegedly meant for election-related expenditure and political manoeuvring
- Amount Stolen
- ₹400 crore in demonetised ₹2,000 notes
- Location of Theft
- Chorna ghat, Maharashtra-Karnataka border
- Complainant
- Sandeep Patil, Nashik-based real estate agent
- Destination
- Gujarat-based ashram for conversion into legal tender
- Alleged Involvement
- Builder, politician, and Nashik police personnel
- Exchange Arrangement
- 60:40 commission-based exchange
- Investigation Status
- Under investigation by Ghoti police station
- Date of Incident
- October 16, 2025