World · South & Central Asia · 15 hrs ago
NIA arrests two more suspects in Saharanpur fake currency case
India’s National Investigation Agency arrested two more people in a case involving fake currency found at a Punjab National Bank cash vault in Saharanpur, Uttar Pradesh.
Ajay Kumar was arrested in Ambala, Haryana, and Harish Raunta in Manali, Himachal Pradesh.
The case involves ₹17.29 crore in counterfeit notes found in the vault on 29 August.
The investigation began after fake notes were discovered, and the total amount was established through further examination.
Seven people have now been arrested, including the two latest suspects, who investigators say were linked to earlier arrests.
The NIA is tracing how the notes were printed and supplied and how they reached the bank vault.
The agency is also investigating possible links involving bank staff and other people, and says the inquiry is continuing.
India’s National Investigation Agency has arrested Ajay Kumar and Harish Raunta in a case involving ₹17.29 crore in counterfeit notes found at a Punjab National Bank currency chest in Saharanpur.
Ajay Kumar was arrested in Ambala on October 16, and Harish Raunta was arrested in Manali on October 22.
The agency alleges they were involved in a conspiracy to print and supply counterfeit Indian currency.
Seven people have now been arrested, and the NIA is investigating how the notes reached the bank and who else was involved.
- Who
- The NIA arrested Ajay Kumar and Harish Raunta. The agency says they were linked to previously arrested suspects.
- What
- Two more suspects were arrested in a case involving ₹17.29 crore in counterfeit notes at a PNB currency chest.
- When
- Ajay Kumar was arrested on October 16, 2026, and Harish Raunta on October 22, 2026.
- Where
- The counterfeit notes were found at a PNB currency chest in Saharanpur, Uttar Pradesh. The arrests were in Ambala, Haryana, and Manali, Himachal Pradesh.
- Why
- The NIA alleges the men were involved in a conspiracy to print and supply counterfeit Indian currency.
This story does not have two clearly opposing sides.
The counterfeit-note case came to light at a PNB currency chest in Saharanpur; one report says the initial complaint concerned ₹7 lakh in fake notes.
The NIA took over the investigation.
The NIA arrested Ajay Kumar in Ambala.
The NIA arrested Harish Raunta in Manali.
- Counterfeit notes
- ₹17.29 crore
- Bank
- Punjab National Bank
- Case location
- Saharanpur, Uttar Pradesh
- Ajay Kumar arrested
- October 16, 2026, in Ambala
- Harish Raunta arrested
- October 22, 2026, in Manali
- Total arrested
- Seven suspects