Sola High Court police have arrested six persons with counterfeit notes of ₹500 denomination from Chankyapuri. The accused, natives of Madhya Pradesh, were planning to circulate the counterfeit notes in the market.

The accused have been identified as Dipak Bansal, Umersh Repuriya, Vikas Jatav, Umesh Jatav, Kailesh Jatav, and Rishikesh Jatav.

In the preliminary investigation, it was found that a person named Yogesh, also hailing from Madhya Pradesh, had trained these accused in making high-quality counterfeit notes and had instructed them how to circulate them.

The accused had previously printed counterfeit ₹100 notes and circulated them in Delhi and Madhya Pradesh among small business owners, where they were successful.

Later, they began printing ₹500 counterfeit notes and planned to circulate them in the Chankyapuri vegetable market in Ahmedabad.

They had already circulated two counterfeit ₹500 notes in the market. On the evening when they were supposed to buy goods and distribute more counterfeit notes, the police apprehended them.

A total of 287 counterfeit ₹500 notes, amounting to ₹1,43,500, were recovered from the accused.

The police have initiated an investigation and are continuing their search for Yogesh, who taught the accused how to make the counterfeit notes.

The police have obtained 12-day remand of the accused from a local court.

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