Saharanpur Police have busted an alleged interstate Saharanpur Bihar fake coin network involved in manufacturing and circulating counterfeit ₹20 coins across parts of Uttar Pradesh, Punjab and Bihar. Five people were arrested during the operation, while police seized 6,400 counterfeit coins with a face value of ₹1.28 lakh.The action was carried out in the Titawa area of Saharanpur when the suspects were allegedly transporting machinery to establish a new manufacturing unit. Police also recovered semi-finished coins estimated at around ₹5 lakh and six machines allegedly used in the counterfeit coin operation.Key HighlightsFive people were arrested in the alleged fake coin network busted by Saharanpur Police.6,400 counterfeit ₹20 coins worth ₹1.28 lakh were seized.Police also recovered semi-finished coins worth about ₹5 lakh.Six coin-making machines and other equipment were seized.Police said the alleged network had circulated fake coins worth more than ₹70 crore.The operation reportedly had links across Uttar Pradesh, Punjab and Bihar.How Was the Fake Coin Network Busted?According to police, the suspects were intercepted in Titawa, Saharanpur, while allegedly transporting machinery for setting up another illegal manufacturing unit.Saharanpur SSP Abhinandan said the alleged syndicate had the capacity to produce thousands of counterfeit coins every day.“It claimed to have the capacity to produce 10,000 to 12,000 counterfeit coins a day using the machines.”According to the SSP, the counterfeit coins were allegedly pushed into circulation through liquor shops, toll plazas and grocery stores on a commission basis.Related Instagram Video :Saharanpur to Bihar Fake Coin Network BustedWho Was Allegedly Running the Network?“Police identified Upkar Luthra alias Abhay Pratap Singh, from Mohali, Punjab, as the alleged kingpin. Police said Luthra, who is in his 50s, was previously a goldsmith and had allegedly been involved in counterfeit coin activities since 2001.”The other four arrested suspects are reportedly from different parts of Uttar Pradesh and Bihar. Their arrests point to the alleged interstate nature of the Saharanpur fake coin racket.Police said questioning indicated that the network had allegedly circulated counterfeit coins worth more than ₹70 crore over the years. This figure is a police claim and remains part of the ongoing investigation.How Were the Counterfeit Coins Circulated?Investigators said the alleged fake coin supply chain relied on everyday cash transactions. According to police, the coins were distributed through local businesses and other high-volume cash points, where they could enter circulation through small transactions.The alleged network operated across multiple states, making it difficult to trace the source and movement of the counterfeit coins.What Happens Next?Police are now investigating the wider Bihar counterfeit coin gang connections and looking for other people allegedly linked to the network. Investigators are also examining the manufacturing equipment, the movement of semi-finished coins and the alleged ₹70-crore circulation claim.The 6,400 counterfeit coins seized in Saharanpur are now part of the evidence as investigators work to establish the full extent of the counterfeit currency network in India.
