Chandrapur Police Cracks Down on Major Interstate Counterfeit Currency Network
In a significant operation targeting organized financial crime, the Local Crime Branch (LCB) of Chandrapur police has successfully dismantled an interstate counterfeit currency racket. Authorities have seized a substantial cache of fake Rs 500 denomination notes along with sophisticated printing equipment, with the total estimated value reaching an astonishing Rs 91.15 lakh. The entire haul was recovered from a discreetly rented apartment within the city, marking a crucial victory in the fight against economic fraud.
Intelligence-Led Raid Uncovers Elaborate Printing Operation
The meticulously planned crackdown was executed on Tuesday evening following precise intelligence received by the LCB. Information indicated that high-quality counterfeit currency was being manufactured at a rented flat located in Rajshree apartments, situated near Major Gate in Urja Nagar. Acting with urgency and precision, a specialized police team swiftly moved to raid the suspected location, identified as flat No. 203, which was found securely locked upon arrival.
According to detailed statements from LCB Police Inspector Amol Kachore, the flat owner, Sumit Kalipath Paul from Bengali Camp, was immediately summoned to the scene. Paul disclosed to investigators that the apartment had been leased approximately one month prior to individuals hailing from Madhya Pradesh. With the owner present alongside official witnesses, police proceeded to break open the lock and conduct a thorough search of the premises.
Substantial Seizure of Counterfeit Notes and Equipment
During the comprehensive search, officers discovered a hidden bedroom containing ten cartons meticulously packed with counterfeit currency notes. These fake notes were engineered to closely mimic genuine Rs 500 banknotes, demonstrating a high level of technical sophistication. Additionally, law enforcement recovered a professional-grade colour printer and various other materials specifically utilized for the production of counterfeit currency, all of which were seized as crucial evidence.
The police have detained Shubham Dinesh Nagar, a 26-year-old resident of Panched village in Ratlam district, Madhya Pradesh. Preliminary investigations suggest that the accused was actively involved in printing the counterfeit notes with the clear intention of circulating them widely, potentially causing significant economic disruption. Officials emphasized the seriousness of the operation and its interstate implications.
Legal Action and Ongoing Investigation
A formal case has been registered at the Durgapur police station under the relevant provisions of the Bharatiya Nyaya Sanhita (BNS), 2023. The raid and subsequent investigative procedures were conducted by the LCB team under the leadership of Police Inspector Amol Kachore, operating under the expert guidance of Superintendent of Police Mummaka Sudarshan and Additional Superintendent of Police Ishwar Katkade.
The investigation remains actively underway as authorities work to determine whether additional individuals were involved in this extensive racket. Police are diligently tracing possible connections and links across state borders to fully dismantle the network and prevent future operations. This crackdown highlights the ongoing efforts by law enforcement to combat financial crimes that threaten economic stability.
