The Reserve Bank of India (RBI) reported a 5.7 per cent increase in counterfeit currency notes detected in the banking system during 2025-26, with fake Rs 500 notes showing the sharpest rise, becoming the most detected denomination.
Ahmedabad police, while investigating a murder, uncovered a large fake currency racket, seizing counterfeit notes worth Rs 28.9 lakh and arresting five men and apprehending a minor. The investigation revealed that the murder victim was the kingpin of the operation, killed by his associates due to abuse. Police are now probing the circulation of the remaining fake notes.
Indore police seized 566 bundles of fake Rs 500 notes from abandoned bags. Only 84 notes were genuine, with the rest being plain paper designed to resemble currency. An investigation is underway to determine the source and intended use of the fake notes.
Two men were arrested in Dakshina Kannada district, Karnataka, and counterfeit currency notes with a face value of Rs 2.38 lakh were seized from them, police said.
Police in Udham Singh Nagar have arrested two individuals and seized a significant amount of fake currency, uncovering a sophisticated operation involving counterfeit notes.
A joint operation by Nepal and West Bengal police has led to the arrest of seven individuals and the seizure of counterfeit currency worth approximately Rs 70 crore from a flat near Kolkata.
Ahmedabad police have seized counterfeit Indian currency with a face value of 2.38 crore and arrested seven individuals, including a yoga teacher from Surat. The operation uncovered the use of AI and e-commerce platforms to produce and distribute the fake notes.
The Delhi government's Drugs Control Department dismantled an illegal medicine sale operation in Shahdara, seizing a significant quantity of drugs and expired items.
Punjab Police busted a fake currency module in Malerkotla, arresting four individuals and seizing counterfeit currency worth Rs 5.50 lakh.
Police in Thane, India, seized firearms, weapons, and counterfeit currency from the home of a known criminal, Surendra Pandurang Patil, during a raid.
Delhi Police have arrested a 59-year-old man for alleged espionage activities and involvement in a fake passport racket operating from Jamshedpur. The accused had links with a foreign-based nuclear scientist.
The Kota police have arrested a 29-year-old man for allegedly molesting a minor girl after scaring her with a cobra he kept illegally at his home.
The quantum of fake Swiss francs remained much higher.
The documents recovered from suspected ISI agent Akhtar Khan's home in the city "clearly showed" his links to Pakistan's ISI, a top Special Task Force officer said.
Advocating the move, home ministry officials said most of the developed countries change the security features of their currency notes every 3-4 years and therefore, it is absolutely necessary for India to follow this policy.
"(The) total value of counterfeit currency seized by law enforcement agencies and recovered through banking channels during the year 2007, 2008 and during January-March 2009 was Rs 10,54,18,925, Rs 21,45,27,797 and Rs 4,09,49,465 respectively," finance minister Pranab Mukherjee said in a written reply to the Rajya Sabha on Tuesday.
Fake Indian currency notes of Rs 1,000 seized in Mumbai recently were unlikely to have been made in a small private press, a senior police official said on Friday.
The STF of Kolkata Police has seized mobile phone SIM card which, it believes, was used by the three arrested suspected ISI agents to pass on information to the ISI of Pakistan.
If the high security notes introduced in 2015 were kept in the system, the pain due to demonetisation can be ameliorated to a certain extent. But unfortunately, such thought process have no place in the hasty demonetisation decision.
Standing committee on finance to also focus on RBI autonomy and citizen's rights.
Jaitley said note ban has compelled people to deposit money into bank accounts.
Intelligence agencies have seized fake Indian currency notes of over Rs two crore face value during 2011-12, the highest seizure in past three years, with Delhi accounting for a major chunk.
Finance Minister Nirmala Sitharaman on Monday asked enforcement agencies to go after 'big fish' involved in drug trafficking, saying they need to find who is sending 'mountains' of illegal drugs into the country.
In a first, a special National Investigation Agency court in Mumbai sentenced six accused in a 2009 fake currency case to life imprisonment, terming the possession and circulation of Indian counterfeit notes as an "act of terrorism".
'The more harder India pushes its nationalism on to its population, the further away we send Kashmiris.' 'We should understand that the unrest in that state cannot be solved by demonetisation. There are much deeper causes,' says Aakar Patel.
The ISI network of spies has been operating in India for over a decade.
Security officials on Wednesday revealed that suspected operative of Pakistan's spy agency Inter-Services Intelligence Mohammed Zaheed Hussain, who was arrested days before the twin blasts in Chennai, was part of a larger mission to target critical national assets and some foreign establishments.
A scrutiny of the PM's statements in the last 12 weeks lays bare a stunning lack of homework for a policy that has affected each of the 1.25 billion people of India.
Here's the full text of Prime Minister Narendra Modi's address to the nation where he announced the demonetisation of Rs 1,000 and Rs 500 notes with effect from midnight on November 8-9.
It's five months after 8/11. But this is not the first time that India's currency of the time faced the axe. The Mughals, after invading a territory, would effect the demonetisation of the local currency with the aim to cripple the economy of the land.
Delhi Police faced a tough time in 2016 when crime cases surged by over nine per cent in the national capital while 73 per cent cases remained unsolved.
