The Reserve Bank of India has approached Delhi Police to take action against some people who they suspect deposited forged or counterfeit currency notes at banks this month.
The issue department of the Central banking institution located at Sansad Marg has also told police that they seized 127 fake notes during the period between February 1 and 29.
They have also submitted a list of names and addresses which they suspect are linked with the matter.
A case has been registered over the information at Parliament Street police station. The charge is of possession of forged or counterfeit currency notes or bank notes under section 489C of the Indian Penal Code.
“The notes are of very fine quality and the standard security features like watermark, security thread and paper quality used in them makes it very difficult to be detected,” a senior police official said.
The official, however, denied having the name and address of anyone involved with organised gangs dealing in circulation of counterfeit currency notes.
“These notes are usually pushed into the market by simple purchasing. For shopping of say Rs 200, a fake Rs 1,000 note is given. The unaware shopkeeper gives back Rs 800 in original currency,” he added.
On Thursday, a 29-year-old man was arrested with fake notes worth Rs 15,000 – in the denomination of Rs 500 – from Sarojini Nagar railway station.
A case under section 489B (using as genuine, forged or counterfeit currency) and 489C (possession of forged or counterfeit currency) was registered against Mohammad Hayyat Ali at Sarojini Nagar police station and an investigation taken up.
The RBI had recently drafted a detailed list of security features on currency notes which can be detected by common man and do not require a gadget or an expert to establish if the currency is counterfeit or genuine.