Jaunpur Gang Leader Arrested Over Fake RBI Currency Scam

Police in Jaunpur arrested Sachin Upadhyay for using fake RBI-branded paper cuttings to trick people into a money-doubling scam.

Ravi Pandey5 October 20262 min read0 viewsCrime
Jaunpur Gang Leader Arrested Over Fake RBI Currency Scam

In a major crackdown on a sophisticated fraud syndicate, the Barasathi police in Jaunpur have apprehended a notorious gang leader accused of using deceptive tactics to swindle unsuspecting citizens. The suspect, identified as Sachin Upadhyay, allegedly used high-quality paper cuttings bearing the Reserve Bank of India (RBI) logo to convince victims that he could magically double their money.

The Deceptive 'Money Doubling' Trap

According to police investigations, Upadhyay mastered a psychological trick to gain the trust of his targets. He would present paper fragments that featured the official RBI branding and a specific texture designed to mimic the feel of authentic 500-rupee notes. By displaying these "currency" cuttings, he convinced individuals that he possessed a method to multiply their wealth, prompting them to hand over their hard-earned cash.

Dramatic Arrest During Vehicle Check

The arrest unfolded late last night during a routine vehicle inspection at a local intersection. Officers intercepted a four-wheeler and identified the driver as Sachin Upadhyay, a resident of the Abrana area under the Suriyawan police station jurisdiction in Bhadohi. What began as a standard check quickly escalated when police discovered the fraudulent materials hidden within the vehicle.

Evidence Seized by Police

During the search of the vehicle, the police team, led by Station House Officer Jai Prakash Yadav, recovered a significant amount of incriminating evidence, including:

  • 22 paper fragments: These suspicious cuttings were reportedly coated with unknown explosive materials.
  • Fake RBI Strip: A paper strip measuring 22 inches in length and one inch in width, designed with the RBI logo and the distinct coloration of a 500-rupee note.
  • Cash and Electronics: A total of 2,230 rupees in cash and a Redmi mobile phone used for his operations.

The investigation revealed that Upadhyay is no stranger to the law. He is currently facing multiple criminal cases registered against him at both the Bhadohi and Suriyawan police stations. His history suggests a pattern of organized criminal activity rather than an isolated incident.

The authorities have officially initiated legal proceedings against the accused. He has been charged under several sections of the Bharatiya Nyaya Sanhita (BNS), specifically sections 318(4), 336(3), 338, 340(2), and 61(2). Additionally, due to the nature of the materials found, he faces serious charges under sections 4/5 of the Explosives Act.

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