# Interstate Fake Currency Syndicate Busted Following Bank Deposit, Two Arrested With Rs 93,500 in Counterfeit Notes > Delhi Police dismantled a multi-state counterfeit currency network extending across Bihar, Jharkhand, and West Bengal after fake notes were detected at a bank. Two suspects were arrested with 187 fake Rs 500 notes. **Type:** article · **Category:** Delhi · **Published:** 2026-09-22 · **Source:** TrendKia **Canonical:** https://trendkia.com/en/delhi/bank-counter-se-pakda-gaya-antarrajyiya-jali-currency-syndicate-93500-rupaye-ke-nakli-noton-samet-do-giraftar-36459 · **Language:** English **Tags:** Delhi Police, Fake Currency, Gandhi Nagar, Shahdara, Bodh Gaya, Crime Delhi Police has uncovered a major interstate counterfeit currency syndicate operating across several states. A specialized team from the Gandhi Nagar police station in the Shahdara district tracked down the network, which ran operations spanning Delhi, Bihar, Jharkhand, and West Bengal. Investigators took two primary suspects into custody and seized 187 counterfeit notes of Rs 500 denomination, carrying a total face value of Rs 93,500. ## Cash Deposit Triggers Police Investigation The unraveling of the counterfeit ring began with a routine transaction at a commercial bank branch. A local merchant from the Gandhi Nagar trading hub deposited Rs 90,000 in cash into his account. During the standard verification and counting process, bank officials discovered that 18 notes of Rs 500 denomination, worth Rs 9,000 in total, were counterfeit. The branch management promptly raised an alert, prompting the Gandhi Nagar police station to register a formal FIR and initiate a technical probe. Law enforcement officials reviewed local CCTV surveillance footage across the commercial area to retrace the movement of the notes. This led to the arrest of a suspect identified as Mohammad Danish. Questioning revealed that Danish circulated fake currency by making small-ticket purchases at neighbourhood retail shops, ensuring he handed over counterfeit Rs 500 bills to collect genuine currency in return as change. ## Jharkhand Link Leads to Raid in Bodh Gaya During custodial interrogation, Danish disclosed that the counterfeit consignment had been supplied to him from Chatra in Jharkhand. Acting on the operational intelligence, a dedicated Delhi Police team travelled to Bodh Gaya in Bihar. Working alongside the local police, officers executed a targeted raid and apprehended the second key suspect in the syndicate, Meraj alias Guddu. A thorough search of Meraj's bag led to the recovery of 169 counterfeit notes of Rs 500 denomination, having an aggregate face value of Rs 84,500. Verification of police records further established that Meraj had a documented past criminal record involving unlawful activities. ## Network Traced to Kalia Chowk in Malda Sustained interrogation of the arrested suspects indicated that the counterfeit supply chain led back to Kalia Chowk in the Malda district of West Bengal, an area historically known as a transit point for counterfeit currency smuggling. The accused individuals named two main suppliers within the distribution chain, identified by the aliases 'Mama alias Chhotu' and 'Bhaiya Ji'. Investigators seized mobile phones and various retail purchase receipts from the possession of both suspects. Police teams are currently examining digital records and transaction slips to pinpoint the exact printing press where the counterfeit notes are manufactured, as well as to identify other active associates involved in the interstate racket. ## What this means for you Retailers and everyday consumers need to exercise enhanced vigilance when handling Rs 500 banknotes during cash transactions. - **For Retailers:** Small shopkeepers must carefully verify Rs 500 currency notes when accepting them for low-value purchases. Counterfeiters routinely use high-value fake bills for small purchases specifically to pocket genuine currency as change. - **For Banking Customers:** Commercial banks immediately confiscate any counterfeit bills detected during deposit operations without compensation. Account holders should independently inspect cash received from outside sources before attempting to deposit it. - **In Local Markets:** Business establishments in crowded trading centers like Gandhi Nagar should deploy counterfeit detection machines or UV scanners. Verifying high-denomination notes at the counter prevents fraudulent notes from infiltrating daily business cash flows. - **For General Public:** Anyone who encounters a suspicious currency note should report it directly to bank authorities or local law enforcement. Circulating or passing counterfeit currency, even knowingly in retail purchases, constitutes a punishable criminal offense under Indian law. ## Why this happened The investigation was initiated after a commercial bank detected counterfeit notes in cash deposited by a local businessman. Rapid communication by bank authorities and CCTV verification allowed the police to unravel the multi-state network. - **Detection at Bank Counter:** During standard verification of a Rs 90,000 cash deposit made by a Gandhi Nagar merchant, bank staff identified 18 counterfeit notes of Rs 500 denomination. The bank immediately alerted authorities, leading to an official FIR and technical investigation by the local police. - **Circulation Modus Operandi:** Suspect Mohammad Danish circulated counterfeit notes by buying inexpensive daily items from neighborhood retailers to collect genuine change. Investigators tracked his movements using commercial area CCTV footage and took him into custody. - **Interstate Operational Links:** Danish revealed that his supply came from Chatra in Jharkhand, prompting a police raid in Bodh Gaya, Bihar. With assistance from local police, investigators captured Meraj alias Guddu along with 169 fake Rs 500 notes. - **Smuggling Roots:** Questioning revealed that the distribution network traces back to Kalia Chowk in Malda, West Bengal, through suppliers known as 'Mama alias Chhotu' and 'Bhaiya Ji'. Police are now tracing the manufacturing printing press and other operatives behind the syndicate. ## Questions & Answers ### 1. How many counterfeit notes were recovered by Delhi Police? Delhi Police seized a total of 187 counterfeit notes of Rs 500 denomination, amounting to a face value of Rs 93,500. ### 2. How was the counterfeit currency racket uncovered? The racket came to light when a bank detected 18 fake Rs 500 notes in a Rs 90,000 deposit made by a Gandhi Nagar trader, prompting a CCTV-based police probe. ### 3. Who are the two main suspects arrested in the case? The police arrested Mohammad Danish, who circulated the notes locally, and Meraj alias Guddu, who was apprehended from Bodh Gaya in Bihar. ### 4. Which states are linked to this counterfeit currency syndicate? The syndicate's network stretches across Delhi, Bodh Gaya in Bihar, Chatra in Jharkhand, and Malda in West Bengal. --- _TrendKia — Har trend, sabse pehle.. Machine-readable view; canonical HTML at the URL above._