Delhi Police Uncovers Inter-State Counterfeit Currency Gang

In a significant crackdown, the Delhi Police have apprehended three suspects linked to an inter-state counterfeit currency gang. The operation revealed a printing unit in Navi Mumbai and led to the recovery of hundreds of fake notes. The investigation began when a shopkeeper identified suspicious currency, prompting police action. As details unfold, the police continue to probe the network behind this illegal operation, raising concerns about the circulation of counterfeit money in the region. Read on to learn more about the arrests and the ongoing investigation.

By Narendra Chaudhary Jul 17, 2026, 18:45 IST

Police Bust Counterfeit Currency Operation

The Delhi Police have successfully dismantled an inter-state gang involved in the production and circulation of counterfeit currency between Maharashtra and the national capital. Authorities reported the arrest of three individuals, including the gang's leader. They also discovered a printing unit linked to this operation in Navi Mumbai.

The arrested suspects have been identified as 62-year-old Nataraj Mohan Kanchan from Navi Mumbai, 38-year-old Vinod Munilal Jaiswal from Mumbai, and 55-year-old Subhash Chandra from Makkasudpur, Delhi. Police seized a total of 299 counterfeit notes, which included 286 fake ₹100 notes, 13 fake ₹500 notes, and six sample notes of ₹500.

Discovery of Counterfeit Notes

The investigation began when a shopkeeper in the Bhalswa Dairy area suspected that some notes he received from a customer were counterfeit. According to police, Pankaj, who runs a general store, reported that on the night of June 29, a customer purchased five packets of cigarettes and paid with six ₹100 notes. Doubting the authenticity of the notes based on their texture and appearance, he alerted a patrolling officer in the area. Upon inspection, the officer confirmed the notes were indeed fake.

The suspect was detained and later identified as Kanchan. During a search, police found 96 counterfeit ₹100 notes in his bag, prompting them to file a case and initiate an investigation.

Further Investigations Lead to More Arrests

During questioning, Kanchan reportedly disclosed that he was staying at a hotel in Paharganj. A raid on his hotel room led to the recovery of an additional 180 counterfeit ₹100 notes and 13 fake ₹500 notes. Kanchan also revealed that he had supplied counterfeit notes to Chandra, a resident of Delhi, for circulation in the market. Chandra was arrested on June 30, with 10 counterfeit ₹100 notes found in his possession.

Following this lead, a police team traveled to Navi Mumbai, where, with the assistance of local authorities, they uncovered a printing unit allegedly used for producing counterfeit currency. The police recovered a laptop, printer, lamination machine, paper rolls, watermarked paper, and other tools used in the counterfeiting process.