Man arrested for spreading fake money in Ghaziabad after police caught 26-year-old Ujjwal Jha with ₹2.83 lakh in counterfeit notes. They caught him on Wednesday in Vasundhara Sector 1 while he rode his two-wheeler to deliver the counterfeit notes in Raj Nagar. Officers recovered 566 forged ₹500 notes worth ₹2.83 lakh. Jha, a Mandoli resident and assistant manager at a pharmaceutical company, carried notes that looked almost real.
Investigators said Jha joined the racket after meeting an online friend on social media a few months ago. The friend offered him a deal of ₹1 lakh for fake notes worth ₹3 lakh. Jha took the offer and began distributing counterfeit notes in markets and to his contacts.
Police believe a larger network is involved. They are now tracing Jha’s online associate and the entire supply chain. Assistant Commissioner of Police Abhishek Srivastava said the team is focusing on how the notes are produced and where they are circulating.
Jha faces multiple charges under the Bharatiya Nyaya Sanhita. These include Section 318(4) for cheating, Section 178 for counterfeiting currency, Section 179 for using fake notes as genuine, and Section 180 for possession of counterfeit notes. Authorities have also initiated legal action against his unidentified online partner.
Ghaziabad, near Delhi, has seen similar crimes in the past. Fake notes not only hurt the economy but also erode public trust in the financial system. Officials stressed the need for firm action to stop such activities.
This case highlights the dangers of counterfeit rackets. The arrest shows why people must stay cautious when handling cash and underlines the police’s commitment to dismantling such networks.