Man arrested with fake coins of face value Rs 40,000

New Delhi, Oct 2: In a crackdown on counterfeit currency, Delhi Police today arrested a 42-year-old man from Rohini in outer Delhi and seized fake coins of Rs 40,000 face value from him.

During surprise vehicle checking drive in Outer District, a car was stopped by the Anti Auto Theft Squad (AATS). On checking, the car was found to be containing 20 packets each of counterfeit Indian coins and each packet contained about 100 coins.

During questioning, Naresh Kumar (42), who was driving the car, confessed that after suffering losses in business he joined hands with Sonu and Raju to supply counterfeit coins in the market for easy money, a police officer claimed.

According to police, the accused disclosed that Sonu and Raju were running a factory at Bawana Industrial area here where counterfeit 5 and 10 coins were being minted which were supplied to different parts of the country.

Kumar had introduced himself to the AATS as an officer from the Punjab National Bank. When he was asked to present his identity card, he refused. Kumar was detained by police for further interrogation, the officer said. Kumar confessed that he has been involved in the counterfeit coins supply business since 2014 after he incurred losses in business.

"He (Kumar) started his business of car accessories at Charkhi Dadri in Haryana. Due to losses in the business and huge loan on his head he joined hands with Sonu and Raju for easy money by supplying the counterfeit coins to innocent people," the police added.

PTI