City
Epaper

Thane: Crime Branch Busts Fake Currency Racket, Seizes ₹45.5 Lakh in Counterfeit Notes

By Nirmeeti Patole | Updated: May 8, 2025 13:52 IST

In a major breakthrough, the Crime Branch Unit-2 of Bhiwandi, Thane, has seized counterfeit Indian currency worth ₹45.5 lakh—consisting ...

Open in App

In a major breakthrough, the Crime Branch Unit-2 of Bhiwandi, Thane, has seized counterfeit Indian currency worth ₹45.5 lakh—consisting entirely of fake ₹500 notes—and arrested six individuals involved in printing and circulating the fake notes.  DCP Amar Singh Jadhav told LokmatTimes.com that the racket, which used a laptop, printer, bond paper, and cutters to replicate genuine currency, was busted following a tip-off received by Senior Inspector Janardan Sonawane, leading to a meticulously planned raid near Café Maqdoomiya in Avachitpada, Bhiwandi.

On May 3, 2025, the team detained three suspects—Suraj Tanaji Shende, Bharat Walku Sase, and Swanil Jagdish Patil—at 9:16 PM and recovered ₹30 lakh worth of fake ₹500 notes from them, packed into 60 bundles. Based on their interrogation, three more accused—Ramdas Shalik Dalvi, Vijay Sudam Karnekar alias Vicky, and Shekhar Ramdas Batin—were arrested on May 5. A follow-up raid led to the recovery of printing equipment, bond papers, a cutting machine, and an additional ₹15.5 lakh in counterfeit notes from Dalvi’s possession.

The case has been registered at Shantinagar Police Station under BNS Sections 178(1), 180, and 3(5).  Investigations are ongoing to trace more individuals involved in the fake currency network.

This successful operation was conducted under the guidance of Additional Commissioner of Police (Crime) Dr. Punjabrao Ugale, DCP Amar Singh Jadhav, and ACP Shekhar Bagde, and executed by a dedicated team from Unit-2 led by Sr. PI Janardan Sonawane, PSI Dhanraj Kedar, and other officers.

Tags: Thane Crime Branchfake currency notesThaneBhiwandiThane Police
Open in App

Related Stories

ThaneKalyan Shocker: Class 6 Girl Student Jumps to Death From 19th Floor Over Poor Academic Performance

ThaneThane: Two Arrested for Stealing Passenger’s Bag on Mumbai-Gondia Vidarbha Express

ThaneThane Traffic Advisory: Kalyan–Shil Road Partially Closed for Metro Line 12 Construction Until November 30 - Check Alternate Routes Here

ThaneThane Shocker: Wife and Her Lover Murder Husband, Flee After Dumping Body in River

ThaneThane: Hydrogen Chloride Gas Leaks From Cylinder in Bhiwandi, Swift Action by Firefighters Averts Disaster

Thane Realted Stories

MaharashtraMaharashtra Accident: Car Catches Fire After Head-On Crash with Luxury Bus on Nagar-Manmad Highway; 1 Dead

MumbaiMumbai: Major Cocaine Smuggling Attempt Foiled at CSMI Airport, Tanzanian Woman Arrested

MaharashtraMaharashtra: 34-Year-Old Found Dead Under Suspicious Circumstances in Khandnal Village

MaharashtraMaharashtra Weather News: Minimum Temperature Likely to Dip Further; Jalgaon Shivers at Lowest Temp

MumbaiMumbai Crime Branch Seizes Four Pistols, 18 Live Rounds; Five Held in Major Crackdown