— ALL RECOVERED FAKE INDIAN
CURRENCY NOTES ARE IN ₹500 DENOMINATION: DGP GAURAV YADAV
— MORE ARRESTS AND RECOVERIES
ARE LIKELY IN COMING DAYS: AIG CI DR SIMRAT KAUR
CHANDIGARH/PATIALA, May 18:
Dealing
a major blow to the circulation of Fake Indian Currency Notes (FICN) amidst the
ongoing drive to make Punjab a safe and secure state, Counter Intelligence
Patiala (CI Unit Malerkotla) has busted a fake currency module with the arrest
of four individuals and recovered counterfeit currency worth ₹5.50 lakh, said
Director General of Police (DGP) Punjab Gaurav Yadav here on Monday.
Those
arrested have been identified as Nazar Khan, a resident of village Jhunir in
Malerkotla; Raj Mohammad, a resident of Dhuri in Sangrur; Mukhtiyar Singh alias
Gurjit Singh, a resident of village Malikpur in Jind, Haryana; and Asif Ali, a
resident of Malerkotla.
DGP
Gaurav Yadav said that all the recovered fake Indian currency notes are in ₹500
denomination. Preliminary investigation has revealed that arrested accused Raj
Mohammad already has a criminal background, with one FIR related to the NDPS
Act registered against him, he said.
The
DGP said that further investigation is underway to establish forward and
backward linkages of this network.
Sharing
operational details, AIG CI Patiala Dr Simrat Kaur said that in a meticulous
operation carried out by the team of the CI Unit Malerkotla, two suspects—
Nazar Khan and Raj Mohammad— were arrested and ₹4 lakh fake Indian currency
notes were recovered from their possession. During further investigation, two
more accused— Mukhtiyar Singh alias Gurjit Singh and Asif Ali were also
arrested and ₹1.5 lakh additional fake Indian currency notes were effected from
their possession, she said.
The
AIG said that more arrests and recoveries are likely in coming days as
investigation progresses.
In
this regard, a case FIR No 159 dated 17.05.2026 under sections 179 and 180 of
the Bharatiya Nyaya Sanhita (BNS) has been registered at Police Station
Amargarh in Malerkotla.
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