The police have initiated investigations in multiple states, including Gujarat, to apprehend the fraudsters who provided counterfeit ₹500 currency notes to a bullion trader in Manek Chowk under the pretence of purchasing gold worth ₹1.60 crore while paying ₹1.30 crore of fake notes.

In a peculiar twist, the counterfeit notes seized by the police had the photograph of actor Anupam Kher instead of Mahatma Gandhi, and the note bundles were marked with ‘SBI’.

Two fraudsters opene a fake angadia office under the name Patel Kantilal Madanlal in Anand Mangal Complex on CG Road, claiming to buy 2,100 grams of gold worth ₹1.60 crore from Mehul Thakkar, a resident of Prahladnagar and a bullion trader from Manek Chowk.

In exchange for the gold, they gave counterfeit currency worth ₹1.30 crore. These counterfeit ₹500 notes were found to have Anupam Kher image in place of Gandhi’s image.

The police have started investigating the printing of the fake currency and looking for a breakthrough. 

Though the probe hass been extended to Punjab, Haryana, and Delhi, no substantial leads have been found yet.

Also read:

Ahmedabad Crime Branch nabs fugitive in fake currency robbery case

Maha cops nab 2 Gujarat men with fake currency notes of ₹50 lakh face value