Business · India Bureau
NIA arrests suspect in Saharanpur fake currency racket
The National Investigation Agency has arrested an accused in connection with a counterfeit currency operation in Saharanpur. The investigation has also implicated three bank employees in the case.
LSN India ·

The National Investigation Agency (NIA) has arrested a suspect involved in a counterfeit currency racket operating in Saharanpur, marking a significant development in the ongoing investigation into the illegal operation. The arrest comes after weeks of surveillance and inquiry into the network responsible for circulating forged notes in the region.
During the course of the investigation, authorities uncovered the involvement of three employees working at a local bank branch. The employees' roles in facilitating or enabling the counterfeit currency operation are currently being examined as part of the broader inquiry. Investigators are scrutinizing their level of knowledge and potential complicity in the scheme.
The NIA has intensified its probe to identify other members of the counterfeit currency network and determine the scale of the operation. Preliminary investigations suggest the racket may have been in operation for several months before being detected. Authorities are examining financial records and conducting raids at multiple locations linked to the suspects.
Counterfeiting remains a serious concern for Indian law enforcement agencies, with the NIA maintaining dedicated units to combat such operations across the country. The arrest in Saharanpur reflects ongoing efforts to dismantle organized networks engaged in producing and distributing fake currency notes.