Police in Saharanpur, Uttar Pradesh, have busted a large counterfeit coin manufacturing gang. The gang claims to have pumped counterfeit coins worth over ₹70 crore into the market.
3.5 crore fake 20 rupee coins found in the market
If you go shopping, you probably carry 10 and 20 rupee coins along with your cash. In such cases, the shopkeeper may also give you the coins when returning your money. However, many times people simply keep the coins without even checking them. In such cases, it's important to consider whether the coins you have are genuine.
In fact, police in Saharanpur, Uttar Pradesh, have busted a large counterfeit coin manufacturing ring. The accused claim to have pumped counterfeit coins worth over ₹70 crore into the market. The biggest question now is how to distinguish between genuine and counterfeit coins. But first, let's understand the full story.
What were the coins found to be made of?
According to the police, this gang was operating a coin-making factory in Sonipat, Haryana. According to information, this factory had been operating for approximately 10 months. The significant thing is that the counterfeit coins were being manufactured here under the guise of other work.
Police recovered the coins
It should be noted that counterfeit 20 rupee coins were being manufactured here under the guise of making screwdrivers. Police recovered 6,400 rupees worth of counterfeit coins from the accused. Importantly, the accused claim that they have so far marketed counterfeit coins worth over 70 crore rupees.
Coins worth Rs 5 lakh recovered
It's worth noting that the police also recovered unfinished coins worth ₹5 lakh. The police are currently investigating this figure. The total number of ₹20 coins, worth ₹70 crore, is approximately 35 million. Now, the question is: how can you tell if the ₹20 coin you have is real or fake?
Identify the 20 rupee coin.
- If you want to identify whether the 20 rupee coin is real or not, then know how to identify it.
- The original 20 rupee coin has 12 edges, and the outer edge and the circular center portion have a distinctive design.
- Apart from this, the number 20 rupees, the rupee sign and other things are clearly written on the 20 rupee coin.
- There is also a noticeable difference in color from the genuine coin. Counterfeit coins may be lighter than the genuine coin.
- Yes, but the thing to be noted is that it is difficult to identify whether the coin is genuine just by looking at its colour, reason and shine; hence, if you have any doubt then in such a situation you can get it checked from the bank or the concerned authorities.
