Sunday, February 9, 2025

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“Maoists Caught Printing Fake Money for Local Markets in Chhattisgarh Operation”

Latest news"Maoists Caught Printing Fake Money for Local Markets in Chhattisgarh Operation"

In a significant development in the ongoing anti-Maoist operations in Chhattisgarh’s Sukma district, security forces have uncovered a startling find that could have far-reaching implications for the local economy. For the first time, equipment used to print fake currency has been discovered in Maoist camps, indicating a shift in tactics by the rebels to address their cash flow challenges.

The discovery was made during a joint search operation conducted by Sukma Police, District Reserve Guard, and the CRPF in the forests of Korajguda. Acting on intelligence inputs regarding Maoists engaging in counterfeit currency activities, the security forces launched the operation, leading to the seizure of currency printing machines, ink, templates, and fake notes of denominations including ₹50, ₹100, ₹200, and ₹500 at the Maoists’ hideout. Additionally, weapons, a wireless set, and explosives were also confiscated during the raid.

District police chief Kiran Chavan highlighted the significance of this find, noting that it reflects the Maoists’ desperation due to reduced funding from ongoing security operations in the region. The use of counterfeit currency in local markets by Maoists, who are known to purchase supplies from weekly village markets, poses a serious threat to the stability of the local economy. Authorities are now stepping up awareness campaigns in villages, urging residents to be vigilant and reject suspicious currency notes.

Traders and hawkers, particularly those in remote areas, are being advised to thoroughly scrutinize currency before accepting it to prevent the circulation of fake notes. Sources reveal that Maoists have been resorting to printing counterfeit currency since 2022, training select members to carry out these operations to mitigate their financial constraints. This illicit currency has infiltrated local markets, potentially disrupting the cash system and posing challenges for law enforcement agencies.

Sources By Agencies

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