Old currency worth Rs 5 cr seized in Ggn

The crime branch of Gurugram police on Thursday recovered old currency notes amounting to Rs 5 crore from Sector-15 and arrested seven persons after a raid was conducted by the team.

The crime branch officials reached the spot after receiving a tip- off that informed them that a group of people were still indulged in dealing with old currency and possesses a huge stockpile of it. Upon raid, the police recovered the old five hundred and thousand rupees notes being stored in plastic boxes.

Those arrested have been identified as Rajiv, Satish, Sandeep, Rajesh who are residents of Delhi, Dinesh from Naintal, Praveen from Rohtak and Amit who is from Gurugram.

"We will be interrogating the people who have been arrested and are in the process of knowing the people they dealt with. We will be acting further based on the leads we get during interrogating them," said a senior official from Gurugram Police.

Earlier in July, the police arrested two persons who were involved in not only printing the new fake Rs 500 notes but also successful in replacing it with the original notes. They were held under sections of 489- A (counterfeiting currency), 489- B (usage of forged bank currency notes), 489-C (possession of counterfeit notes) and 489-D (possessing materials for making the counterfeit notes).

To make the fake currency notes, they had bought the machine from Delhi and the process of making the counterfeit notes was initially done at Ajmer, Rajasthan.