July 26, 2025 11:54 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
'I feel sad to support such a govt': Chirag Paswan slams Bihar administration after woman 'gang-raped' in Bodh Gaya | Bihar woman gang-raped in moving ambulance after she fell unconscious during Home Guard Test | Operation Sindoor still on, preparedness level should be high: CDS Anil Chauhan | PM Modi tops list of global leaders with 75 percent approval rating, Donald Trump languishes at 8th place | President Murmu, PM Modi pay tributes to martyrs' on Kargil Vijay Diwas | Jagdeep Dhankar's resignation: Election Commission initiates steps for Vice President elections | Centre bans Ullu, ALTT, other OTT apps over obscene content | Centre bans Ullu, ALTT, other OTT apps over obscene content | Deeply touched by Muizzu's gesture, writes Narendra Modi on X after arriving in Male | Tejashwi Yadav mulls boycotting Bihar polls over SIR, says 'no point in holding elections when people can't vote'
Image Credit: UNI

NIA busts fake currency note racket; raids multiple locations across 4 states

| @indiablooms | Dec 03, 2023, at 03:14 am

News Delhi: The National Investigation Agency (NIA) conducted raids in four states, uncovering a network involved in the printing and distribution of counterfeit Indian currency notes (FICNs), India Today reported.

Counterfeit currency with a total value of Rs 6,600 (in denominations of Rs 500, Rs 200, and Rs 100) was seized, along with currency printing materials, printers, and digital devices, media reports said.

The NIA's raids followed after a case was registered on November 24 under relevant sections of the Indian Penal Code (IPC).

The raids targeted people suspected of being part of a broader conspiracy involved in trafficking counterfeit currency notes across borders and facilitating their circulation in various states of India.

Based on a tip-off, NIA teams raided the residences of key suspects in various states.

They were identified as Rahul Tanaji Patil in Maharashtra's Kolhapur district, Shiva Patil in Yavatmal district, Vivek Thakur in Uttar Pradesh's Shahjahanpur district, Mahendar in Karnataka's Ballari district, and Shashi Bhushan in Bihar's Rohtas district, the report said.

The counterfeit currency was found at Vivek Thakur's residence, according to the report.

The investigation revealed that Vivek Thakur, along with Shiva Patil and others, procured fake currency and printing materials from neighbouring countries for circulation within India. The printer was seized from Mahendar's house.

Further investigation revealed that Rahul Tanaji Patil used fake SIM cards to receive payments for the supply of counterfeit currency notes.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Close menu