TV
The Special Task Force (STF) of Odisha Crime Branch on Thursday arrested two persons at Titilagarh in Bolangir for allegedly making and distributing counterfeit currency.
A substantial amount of fake notes, totalling Rs 50,000 all in Rs 500 denomination, has reportedly been seized from their possession.
Concerns Over Counterfeit Notes’ Circulation:
As per reports, the arrested suspects were manufacturing counterfeit notes of very high quality. Investigations are currently underway to trace the origin of the materials used in this forgery and to identify other potential buyers who may have acquired these counterfeit notes.
Meanwhile, the STF has expressed concerns that this operation might have connections leading to other states, suggesting a wider network of counterfeit currency production.
Must Read: Beware Of Fake Rs 100 And 200 Currency Notes Circulating In Bhubaneswar, Shopkeepers In Panic
Further investigations are underway to uncover more details about this counterfeit currency network, said police sources.
Cuttack Fake Currency Operation
Jagatpur police in Cuttack dismantled a counterfeit note racket in October 2024, detaining one individual. The operation underscored persistent challenges in curbing localized fake currency distribution networks.
Fake Currency Seizure In Sonepur
The Special Task Force had earlier seized counterfeit currency worth Rs 41 lakh in Sonepur district on September 3, 2023. High-quality fake Rs 500 notes containing security features like watermarks and security threads were confiscated from Deepak Meher, who allegedly procured them from Chhattisgarh-based networks.
Modus Operandi & Enforcement Challenges
Recent seizures indicate that criminals use advanced printing technology to replicate security features, with materials often sourced from interstate networks. Persistent challenges include tracking cross-state supplier networks and evolving counterfeiting techniques.
