Indore: Crime branch on Wednesday arrested a youth with counterfeit currency notes worth Rs 2.53 lakh. He had been printing the notes at his home during the lockdown and was spending it in rural areas and mandis.
DIG Manish Kapooria said the crime branch had been keeping an eye on people circulating counterfeit currency notes and they detained a person who had been trying to palm off a counterfeit note at the Rajkumar Sabji Mandi on Wednesday.
The accused was identified as Rajratan Tayde, a resident of Azad Nagar area of the city. During a search at his home, the crime branch recovered Rs 2.53 lakh in counterfeit notes from him. During questioning, he confessed that he had printed those notes and so far he had circulated around Rs 20,000 in fake currency notes in rural areas where people were more gullible and in Sabji mandis where people were busy and did not have time to look at the notes carefully.
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He told the crime branch that he had learnt how to print fake currency from YouTube. The crime branch team recovered a laptop, printer and A4 size papers that he used to print the counterfeit notes. The accused was printing the notes of Rs 100, 500 and 2000 denomination using the printer, glass cutter and the scale at his place. The accused was allegedly printing the notes for a month
The accused allegedly told the police that he was employed as a trainer in the sports club in the city but due to the lockdown, he had to leave his job. He watched a YouTube channel and learnt how to print currency notes, and decided to try it out.
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