Archive · 12 Dec 2025
Four Arrested for Circulating Demonetised Currency
Four men were arrested in Delhi for trying to circulate old money that is no longer valid.
They were caught near the Shalimar Bagh Metro station with a lot of old Rs 500 and Rs 1,000 notes worth Rs 3.59 crore.
The police say these men were part of a bigger plan to trick people into exchanging this old money for new money.
Two cars used in this plan were also taken by the police.
The men said they did this because they needed money quickly.
The police are still looking for two other men who were behind this plan.
Four men arrested for attempting to circulate demonetised currency worth Rs 3.59 crore.
The men were caught near the Shalimar Bagh Metro station with old Rs 500 and Rs 1,000 notes.
Two cars used in the operation were impounded by the police.
The accused were motivated by financial pressures and the promise of substantial commissions.
The police are still looking for two handlers, Ashish and Tarun, who were behind the plan.
- Who
- Four men (Tek Chand, Harsh, Lakshya, Vipin Kumar) and two handlers (Ashish, Tarun)
- What
- Attempt to circulate demonetised currency worth Rs 3.59 crore
- When
- December 11, 2025
- Where
- Shalimar Bagh Metro station, Delhi
- Why
- Financial pressures and promise of substantial commissions
Accused
Police
Motivation
Accused
The accused were motivated by financial pressures and the promise of substantial commissions.
Police
The police believe the accused were part of a well-coordinated illegal operation to circulate demonetised currency.
Method
Accused
The accused claimed they were offered a lifeline to manage their financial difficulties.
Police
The police allege the accused were actively involved in offering demonetised notes at throwaway prices and falsely assuring victims that the currency could be exchanged at RBI branches.
- Location
- Shalimar Bagh Metro station, Delhi
- Currency Seized
- Old Rs 500 and Rs 1,000 notes worth Rs 3,59,08,000
- Date of Arrest
- December 11, 2025
- Number of Individuals Arrested
- Four (Tek Chand, Harsh, Lakshya, Vipin Kumar)
- Vehicles Impounded
- Two cars
- Legal Action
- Case registered under Bharatiya Nyaya Sanhita sections and the Specified Bank Notes (Cessation of Liabilities) Act, 2017
- Handlers
- Ashish and Tarun (absconding)
