Delhi High Court denies bail to man for circulating fake Rs 2,000 notes; seizes Rs 3 lakh.

Delhi High Court denies bail to man accused of circulating fake Rs 2,000 notes; notes worth Rs 3 lakh were seized from his premises. Presiding Justice Swarana Kanta Sharma stressed the need for a stringent stance in such cases, as counterfeit currency poses risks to the economy, national security, and individuals. The court highlights the role of fake currency in enabling money laundering, terror financing, and other organized crimes.

April 05, 2024
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