Delhi Police Cracks Down on Demonetised Currency Racket Worth ₹3.59 Crore | India News
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In a major crackdown, Delhi Police has arrested four men for attempting to circulate over ₹3.59 crore worth of demonetised currency. The accused, Harsh, Tek Chand Thakur, Lakshya, and Vipin Kumar, were caught near Shalimar Bagh Metro Station in Ashok Vihar, Delhi. They had allegedly planned to exchange the invalid currency at the Reserve Bank of India (RBI) using Aadhaar. According to the police, the accused had been approached by two men, Ashish and Tarun, who promised them hefty commissions for helping to move the demonetised notes. The accused, motivated by financial pressures, including household expenses, loan repayments, and upcoming marriage costs, agreed to participate in the operation. During interrogation, the accused confessed to offering the demonetised notes at a fraction of their value, claiming they could be exchanged at the RBI. Two cars used in the operation were also impounded from them. Further investigation is underway to identify others involved in the network and establish the source of the demonetised notes. The police have registered a case under relevant sections of the Bharatiya Nyaya Sanhita and the Specified Bank Notes Act, 2017. The seizure of demonetised currency notes worth ₹3,59,08,000 is a significant blow to the illicit currency circulation network in the city.
