While the common man bearing the brunt of demonetisation is struggling by spending hours in front of the ATMs to get two Rs 2000 currency notes, anti-social elements are busy printing counterfeit currency notes.
Interestingly, as expected, the currency notes are not being circulated by Pakistan’s ISI but by the educated criminals based in Punjab.
The Sangrur, Punjab police on Saturday busted a fake currency printer gang involved in printing currency notes of Rs 2000 and Rs 100 denomination.
“We have arrested four people and seized fake currency worth Rs 4.15 lacs from their possession besides a high end printer which was used to print counterfeit currency besides other documents,” a senior police official said.
The accused are in their 20’s are educated.
Not the first incident
This is not the first incident when Punjab youths have been arrested for printing counterfeit currency. Earlier on December 1,2016 three youths were arrested for possessing fake currency worth Rs 42 lac.The seized currency comprised newly launched currency notes of Rs 2000 denomination.
The arrested included an engineering graduate Abhinav Verma,21, of Dhakoli (Zirakpur), a Ludhiana property dealer Suman Nagpal,54,and Kapurthala MBA student Vishakha Verma ,23,.Vishakha is pursuing MBA from Manipur.
The trio were offering new currency notes (fake) in exchange of old currency notes of Rs 500 and Rs 2000 denomination and charged 30 commission.