Chhattisgarh police bust inter-State currency-doubling racket; seven held from Maharashtra
Chhattisgarh police have arrested seven individuals from Maharashtra for running an interstate currency-doubling scam. The syndicate allegedly defrauded over 100 people across multiple Indian states by promising to use chemicals to turn damaged notes into valid currency.
Why it matters
This case highlights the persistence of sophisticated financial fraud syndicates operating across state lines in India and the challenges of cross-jurisdictional law enforcement.
Chhattisgarh police have busted an interstate racket that cheated people of crores of rupees across multiple States by claiming to turn blackened and damaged currency into new notes using chemicals and doubling the sum, arresting seven accused from Maharashtra, an official said on Sunday (August 23, 2026).
Acting on information from two female accomplices arrested earlier in Nagpur, the police earlier this week raided a resort in Khandala in Pune district, where the accused were caught red-handed while attempting to fleece a Varanasi resident who had brought crores of rupees for doubling, the official said.
Police recovered more than ₹4 crore in cash, 17 mobile phones, and black paper cut in the shape of currency notes, glass plates and other paraphernalia from the syndicate, which had duped more than 100 people across Chhattisgarh, Maharashtra, Uttar Pradesh, Gujarat, Rajasthan, and Delhi since 2005.
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