Jaipur SOG Busts ₹43 Lakh Fake Currency Racket; Two Arrested, High-Tech Printing Suspected

October 18, 2025

Jaipur: In a major breakthrough, the Special Operations Group (SOG) has seized counterfeit currency worth ₹43 lakh from a flat in Jaipur’s Narayan Vihar area.

Acting on intelligence developed over two weeks, officers conducted a Friday evening raid that led to the arrest of two suspects found with stacks of fake ₹500 notes, officials confirmed.

The Operation

According to ADG SOG V.K. Singh, the raid followed 15 days of surveillance and intelligence-gathering. He noted that “such crimes typically spike during festivals, prompting heightened vigilance.”

The SOG team, working alongside Narayan Vihar Police, recovered the counterfeit cash and other materials linked to the operation. The case has since been transferred to the South District Police for detailed investigation.

The Haul: Printed and Uncut Fake Notes

Investigators found:

• ₹26 lakh in ready counterfeit ₹500 notes

• ₹17 lakh in uncut printed sheets — indicating that several notes were still being prepared for circulation

Officials believe the uncut sheets were sourced from another state and were likely intended for distribution across Rajasthan and possibly neighboring regions.

 Sophisticated Counterfeiting Raises Alarm

Authorities were startled by the sophistication of the seized fake currency. For the first time, watermarks and embossed security features, typically found on genuine ₹500 notes, were replicated with high precision — suggesting the use of advanced printing technology and an organized syndicate behind the operation.

 Inside the Fake Money Trade

During preliminary questioning, the arrested suspects disclosed that the fake notes were sold at a 4:1 ratio — ₹4 lakh in counterfeit currency for ₹1 lakh in genuine cash.

Investigators have traced a key link to a criminal based in Bikaner, believed to be a major distributor in the racket. Following this lead, police teams have launched multiple raids across different locations to capture the remaining members of the network.

A Festive-Season Crackdown

With the festive period underway, authorities view this operation as a significant step in curbing the flow of fake money in markets and trade hubs.

Officials said the investigation is ongoing to uncover the full extent of the racket and identify the source of the counterfeit production.