×
 

Gujarat Police Nab Self-Styled Guru in Rs 2.9 Crore Counterfeit Notes Case

Spiritual guru-turned-kingpin held with Rs 2.9 crore fake notes in Gujarat

Gujarat police have arrested a self-styled spiritual guru accused of masterminding a major counterfeit currency operation, seizing fake Indian currency notes with a total face value of Rs 2.9 crore in a coordinated crackdown on economic offenses. The breakthrough came after police acted on intelligence inputs and conducted raids across locations in the state.

Initially, six individuals, including a woman, were detained during a raid where fake Rs 500 denomination notes worth Rs 2 crore were recovered on the spot. Further investigation led to the arrest of the alleged kingpin, identified as Pradeep Jotangia, also known as Pradeep Guruji. Authorities described him as the primary orchestrator who allegedly concealed the illicit activities under the cover of his spiritual persona and associated gatherings or operations.

The total seizure reached Rs 2.9 crore in counterfeit notes following additional recoveries linked to the network. Police believe the racket involved distributing high-quality fake currency, potentially aimed at circulation in local markets or beyond, posing a significant threat to the financial system. The operation highlights ongoing challenges in combating fake Indian currency notes (FICN), a persistent issue in various parts of India often linked to organized syndicates.

Also Read: Hyderabad Youth Held by Rajkot Police for Theft; Separately Booked Under Sovereignty, Enmity Charges

This case adds to Gujarat's recent efforts to dismantle counterfeit networks, amid periodic busts in cities like Surat and Ahmedabad involving hidden fake notes or printing setups. The involvement of a figure posing as a spiritual leader has drawn attention to how such personas can be exploited to build trust and facilitate crimes. Authorities have not disclosed specific locations of the raids beyond the state but emphasized that the arrests disrupt a sophisticated chain.

Investigators continue to probe the full extent of the racket, including possible interstate connections, sources of the counterfeit notes, and any printing facilities involved. The accused face charges under relevant sections of the law for counterfeiting and related offenses. Police have urged the public to remain vigilant about currency authenticity as enforcement actions intensify ahead of economic safeguards. The development underscores the vigilance required in detecting and preventing financial frauds in the region.

Also Read: Mamata Protests ECI's Midnight Reshuffle of IAS, IPS Officers, Before Polls

 
 
 
Gallery Gallery Videos Videos Share on WhatsApp Share