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Fake coins over Rs 5.7 lakh seized from West Delhi, 2 held

Fake coins over Rs 5.7 lakh seized from West Delhi, 2 held
The Delhi Police on Monday claimed to have busted an interstate fake currency racket with the arrest of two persons, possessing counterfeit coins worth Rs 5.76 lakh, in denominations of Rs 5 and Rs 10, during raids conducted at their hideouts in Delhi, Rajasthan and Haryana.

Accused Gulshan Kumar, 58, and his nephew Sachin, 35, both residents of Hisar in Haryana, were arrested by a team of Special Cell from Shiv Vihar in Nilothi extension in West Delhi, around 10 pm on Sunday, said Sanjiv Yadav, DCP (Special Cell).

The police recovered four dyes used in making counterfeit Rs 5 coins, 113 fake Rs 5 coins and 20 packets, each containing counterfeit coins amounting to Rs 100, he said.

Last week, police had unearthed an illegal minting factory in Outer Delhi’s Bawana. Over one lakh counterfeit coins of Rs 5 and Rs 10 denominations were recovered.

Following reports of counterfeit coins being circulated in shopping malls and prominent markets in Delhi and NCR area, the special team was searching for Gulshan and Sachin, main suppliers of counterfeit coins, said the officer.

After their arrest, the special team also raided their rented flat in Vijay Laxmi Park, Shiv Vihar and counterfeit coins worth Rs 3,57,565 were recovered.

Another raid at their minting factory in Saha Industrial Area in Ambala, Haryana, led to recovery of counterfeit coins worth Rs 82,030. Moreover, a Poly Sealer machine, portable bag closer and sewing machine were seized.

In another raid at their hideout in Naval Garh in Churu, Rajasthan, counterfeit coins worth Rs 1.37 lakhs were recovered.

During interrogation, Gulshan said that he used to run a dry cleaning shop in Hissar, which was gutted in a fire in 2013, causing him to suffer huge losses. 

In 2014, he came into contact with one Ramesh Verma who lured him into the business supply of counterfeit coins, he said.

He started working with Verma on a commission basis. Gulshan’s his nephew Sachin joined him.

Verma also introduced them to Swikaar Luthra, alias Sonu, who lived in Uttam Nagar, from whom he got counterfeit coins. “He is the mastermind of the counterfeit coin racket and was behind the illegal mint unearthed in Bawana”, the officer said.

Police are currently searching for the brains behind the counterfeit coin racket, Sonu and Raju, in the Delhi-NCR area.

Gulshan and Sachin disclosed that they used iron for making Rs 5 coins and brass for Rs 10 coins.
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