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17.29 Crore in Fake Notes Found at Saharanpur PNB Currency Chest, Two Main Accused Arrested
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What Happened?
In Saharanpur, Uttar Pradesh, the NIA has arrested two main suspects linked to the discovery of ₹17.29 crore in counterfeit Indian currency at a Punjab National Bank currency chest. The suspects, identified as Ajay Kumar and Harish Raunta, are believed to be key figures in the counterfeiting operation.
Key points
- The NIA arrested Ajay Kumar on October 16, 2026, in Ambala, Haryana.
- Harish Raunta was arrested on October 22, 2026, in Manali, Himachal Pradesh.
- The counterfeit notes were delivered to the PNB currency chest through various accomplices.
- The case was initially registered on August 29, 2026, after credible information about the fake notes was received.
- Three bank employees were suspended during the investigation for their involvement.
Key insights
- The arrests may lead to uncovering a larger network involved in counterfeiting.
- The involvement of bank employees raises concerns about internal security measures.
- Continued investigations could reveal more accomplices in the counterfeit operation.
Why it matters
This case highlights the ongoing issue of counterfeit currency in India and the efforts of law enforcement to combat it.
Entities
Saharanpur· CityPunjab National Bank· OrganizationAjay Kumar· PersonHarish Raunta· PersonNIA· OrganizationHaryana· StateHimachal Pradesh· State
Source
India Today
