Diamond Craftsman Busted: Surat Police Uncover Rs 5 Lakh Fake Currency Racket

• Surat SOG police arrested Paresh Punabhai Hadia, a diamond craftsman, for circulating counterfeit notes.
• Fake Indian currency notes worth Rs 5.03 lakh, along with a mobile and motorcycle totaling Rs 5.55 lakh, were seized.
• Hadia targeted small shopkeepers in crowded areas, often passing fake notes for change.
• Initial investigation suggests counterfeit notes originated from the Saurashtra region, prompting a wider probe into manufacturing and suppliers.
• Police suspect an organized gang is behind the racket and have intensified investigations into other fake currency networks in Surat.

Why It Matters: Surat police busted a major fake currency racket, arresting a diamond craftsman and seizing over Rs 5 lakh in counterfeit notes.