5 months ago
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Four persons ended up successful jailhouse aft they attempted to merchantability demonetised ₹500 and ₹1,000 currency notes to radical astatine debased prices, claiming that they could beryllium exchanged astatine the Reserve Bank of India (RBI), the constabulary said connected Thursday.
However, the constabulary foiled the effort based connected a tip-off and arrested the 4 accused persons – Harsh, 22, Tek Chand Thakur, 39, Lakshya, 28, and Vipin Kumar, 38 – adjacent the Shalimar Bagh metro presumption connected Thursday. The constabulary seized demonetised notes worthy ₹3.59 crore.
‘Show Aadhaar arsenic proof’
“The pack was duping radical by offering aged notes astatine throwaway prices and falsely claiming that the currency notes could beryllium exchanged astatine the RBI by producing Aadhaar paper arsenic the individuality proof,” Deputy Commissioner of Police (North West) Bhisham Singh said.
A lawsuit has been registered nether Sections 318(4) (cheating, specifically, fraudulently inducing idiosyncratic to present spot oregon consent to its retention), 61(2) (punishment for transgression conspiracy), 62 (punishment for attempting to perpetrate offences punishable with imprisonment), 3(5) (committing transgression successful a group) of the Bharatiya Nyaya Sanhita and Sections 5 and 7 of the Specified Bank Notes (cessation of liabilities) Act, 2017 astatine Ashok Vihar constabulary station. Further probe is nether mode and a hunt is connected for others progressive successful the crime, the constabulary said.
During interrogation, the constabulary said they confessed to attempting to cheat guiltless people. “Their actions constituted cheating, conspiracy and a wide usurpation of the specified Bank Notes Act. All 4 accused were afloat alert that the possession of demonetised currency is amerciable and had nary lawful documents oregon justification for holding it. They admitted that they were engaged successful this enactment to gain speedy and amerciable money,” the DCP added.
He further added that they had been successful interaction with 2 Noida-based individuals, Ashish and Tarun, since 2021. “About 2 to 3 months ago, these 2 individuals informed them astir having demonetised currency worthy crores and assured a 20% committee for helping them person the notes oregon circulate them. The arrested persons acted connected their instructions received implicit mobile phones,” Mr. Singh said.
