Fake notes racket exposed in Gujarat: Fake notes worth Rs 317 crore seized so far, Rs 25 crore were found in the first raid

Boxes full of fake notes recovered by the police.

Police have busted a fake currency racket in Gujarat’s Surat district. Under this, fake notes worth Rs 317 crore 98 lakh have been seized from different places. These include old notes of 67 crores. Along with this, the police arrested 6 people including Mumbai’s master mind Vikas Jain. It is alleged that these people were duping people of money in the name of trust and commission to convert black money into white money.

The accused have been identified as Hitesh Parsottam Kotalia, Dinesh Lalji Poshia, Vipul Harish Patel, Vikas Padmachand Jain, Dinanath Ramniwar Yadav and Anush Viranchi Sharma. Earlier, fake notes were caught from an ambulance near Navi Pardi village on the road leading from Ahmedabad to Mumbai. During this, the police had seized fake notes worth Rs 25 crore 80 lakh. Along with this, three people were arrested. After questioning these people, raids were put in the house of 2 people. After this, fake notes of Rs 52 crore and Rs 12 crore were recovered.

During the investigation, the officials found fake notes of Rs 2000 and Rs 500.

The name of the main facilitator of Mumbai surfaced
On September 29, from Navi Pardi in Kamrej, the police caught fake currency worth crores from an ambulance of a charitable trust in Jamnagar. In this case, more than 52 crore fake notes hidden behind the house of the ambulance driver Hitesh were recovered. The investigation in this case moved towards Mumbai and the name of Vikas Jain, the master mind from Mumbai and owner of VRL Logistics Angadiya Company, came to the fore. He also revealed the names of the accomplices in the interrogation, who had cheated people by taking genuine notes on the pretext of fake notes in the name of donating.

Vikas Jain used to take 10% of the donation amount as advance booking when he used to deal with any person to donate to the trust. It has offices in many states. Through these, he misused the trust and recovered crores of rupees in the name of booking fake notes as genuine.

The accused misled the police
The matter came to light for the first time when the accused had misled the police and told that they used these notes for shooting films, while during the investigation it was found that these people were using the trust to exchange fake notes. Lakhs of rupees used to be grabbed in the name of booking as real.

It has been found in the investigation that money was cheated from the people in the name of trust and commission to convert black money into white.

Taken into confidence by showing fake currency through video call
During the deal, the accused used to make video calls and in that video call, they used to take the person in confidence by telling fake notes. Investigation has revealed that the police have also recovered 1000 and ₹ 500 notes banned by the Center along with new notes of 2000 and 500. The printer from which the notes were being printed is being traced.