Ahmedabad’s Special Operations Group (SOG) has uncovered a significant counterfeit currency racket. The investigation, spanning months, has led to the recovery of 9,837 fake currency notes of various denominations in 2024.These notes, detected primarily when unsuspecting individuals attempted to deposit them in banks, amount to a total of ₹43.11 lakh.
The case sheds light on a pressing issue in India’s financial system: counterfeit currency infiltrating the market and going unnoticed until random detection. The investigation was initiated earlier this year after multiple banks, including ICICI, Axis, HDFC, Yes Bank, and SBI, reported suspicious notes.
