In a significant crackdown, the Jaipur Police Commissionerate's special team dismantled a counterfeit currency network on Sunday evening, leading to the arrest of two individuals and the seizure of fake notes with a face value of Rs 2.9 lakh.
Operation and Arrests
The police action was set in motion after the special team received a tip-off about a young man moving around the Chitrakoot area in a car, allegedly carrying a large quantity of fake currency. Acting swiftly on this intelligence, the team launched a surveillance operation.
The police intercepted the suspected vehicle in the Chitrakoot locality. A search of the car and its occupant, identified as Govind Chaudhary from Jhalawar district, led to the immediate recovery of counterfeit currency notes. The seized notes had a face value of Rs 1.9 lakh, all in denominations of Rs 500.
Unraveling the Network
During interrogation, Govind Chaudhary disclosed the involvement of his associate, Devansh Phanda, a resident of the Vaishali Nagar police station area in Jaipur. Following this lead, the police team conducted a raid at Devansh Phanda's flat located in the Chitrakoot area.
This raid proved fruitful, with the recovery of an additional fake currency worth Rs 1 lakh. Subsequently, both accused, Govind Chaudhary and Devansh Phanda, were placed under arrest.
Source and Ongoing Investigation
Preliminary investigations by the police have revealed a crucial detail about the origin of the counterfeit notes. The fake currency was sourced from Saharanpur in Uttar Pradesh and was brought to Jaipur with the intent of circulating it in the local economy.
Rahul Prakash, the Special Commissioner of Police (Operations) in Jaipur, confirmed the developments on Monday. He stated that the police are now focusing on a deeper probe. "Further interrogation of the accused is expected to provide more details about the supply chain and intended distribution," an officer involved in the case said.
The investigative focus has now shifted to identifying other members of the gang, including suppliers and potential inter-state links of this counterfeit currency operation. The police aim to trace the entire network to prevent further circulation of fake notes.
