Nagpur fake currency arrests after Childrens Bank of India notes seized with INR 8.65 crore face value
Nagpur Crime Branch arrested Afroz Khan Zamirulla Khan and Irshad Jumman Shaikh for allegedly cheating people with fake currency printed with "Childrens Bank of India". Police said bundles with a face value of INR 8.65 crore were seized after a trap on the Nagpur–Wardha highway. Investigators allege victims sought quick-profit deals using unaccounted cash.
Nagpur Police arrested two men for alleged cheating using fake currency bundles marked with Childrens Bank of India, an official said on Friday. Police recovered 2,300 bundles with a face value of Rs 8.65 crore. The seizure also included Rs 5,600 in genuine cash, a car, and four mobile phones.
AI-generated summary, reviewed by editors
The Crime Branch identified the accused as Afroz Khan Zamirulla Khan, 43, from Yavatmal and Irshad Jumman Shaikh, 26, from Wardha district. Police said the pair approached people who wanted quick profits. The accused allegedly offered bundles worth Rs 8 lakh in face value for Rs 1 lakh in real money.
Nagpur fake currency case: Tip-off and highway trap
Police acted after receiving a tip-off on July 2. A trap was set near Asola-Savangi on the Nagpur-Wardha national highway. Officers tried to stop a car carrying the suspects. The driver tried to escape, but police caught the vehicle after a brief chase.
Nagpur fake currency case: How the alleged fraud worked
The official said the accused used a method to build trust first. They allegedly used genuine notes in smaller deals before offering larger bundles. Police said the fake stacks had genuine notes only at the top and bottom. The rest of the bundles were allegedly counterfeit notes.
Nagpur fake currency case: Victims and legal action
Police said many victims did not complain about the cheating. The official said this was because the deals involved unaccounted money. A case was registered at Butibori police station under the Bharatiya Nyaya Sanhita (BNS) and the Motor Vehicles Act, the official said.
With inputs from PTI
Click it and Unblock the Notifications
Sign in with Google