3 weeks ago

Palghar man arrested with counterfeit notes worth Rs 98 lakh

Palghar man arrested with counterfeit notes worth Rs 98 lakh
One held with fake notes of Rs 98 lakh face value in Maharashtra’s Palghar · theprint.in

In a place called Palghar, in Maharashtra, India, police caught a man who had a lot of fake money.

Fake money is money that is not real and cannot be used to buy things.

The police got a secret tip that the man was coming to a spot called Shirsad Phata to swap fake notes for real money.

So they hid nearby on the Mumbai-Ahmedabad National Highway and waited for him.

When the man arrived, police stopped him and found lots of fake 500-rupee notes.

News reports do not agree on exactly how many notes he had—one says about 3,582 notes, another says about 19,582.

The man's name is Pradeep Atmaram Patil, and he is 51 years old.

Police took the fake money and his vehicle, then arrested him.

They are now checking whether a bigger group of criminals was helping him.

Key facts

Face value of seized notes
Nearly Rs 98 lakh per one report; nearly Rs 18 lakh (Rs 17,91,000) per another
Counterfeit notes recovered
19,582 notes in one report; 3,582 notes in another, all of Rs 500 denomination
Arrested person
Pradeep Atmaram Patil, 51, from Palghar
Place of arrest
Shirsad Phata, Shirsad village, Mumbai-Ahmedabad National Highway, Palghar district
Conducting unit
Crime Branch Unit-2 (Vasai), Mira Bhayandar-Vasai Virar (MBVV) Police
Case registered at
Mandvi police station under the Bharatiya Nyaya Sanhita (BNS)
Confiscated items
Fake currency and the suspect's vehicle
Investigation status
Probe underway to check if an interstate or international syndicate is involved

Quotes

Deputy Commissioner of Police (Crime) Sandeep Doiphode

Police official

“Officers and personnel of the crime branch were conducting a routine patrolling exercise when they received a tip-off that a suspect was arriving near Shirsad Phata to exchange a large haul of fake Indian currency notes for genuine currency.”
m.rediff.com theprint.in

Sources

Related news