In a daring scam that crossed continents, an Australian national set up a counterfeit dollar printing factory in Ahmedabad, where he and his associate used cutting-edge technology to churn out fake Australian dollars.
The operation was uncovered thanks to a keen-eyed salon owner, setting off a chain of events that led to the arrest of four men.
It all began with a casual conversation at a local salon. Rakesh Parmar, while getting a haircut, revealed to the owner, Ronak Rathod, that he was looking to offload a stash of Australian dollars at a suspiciously low exchange rate.
Offering AUD at Rs. 40 per dollar instead of the going rate of Rs. 55, Parmar piqued Rathod's curiosity, but also raised his suspicions. After sharing his doubts with a friend, they decided to contact the police.
The Special Operations Group (SOG) team was soon on the case, keeping a close watch on Parmar. When he returned to the salon with a bundle of 119 AUD notes in hand, the trap was sprung.
Parmar was detained, and during questioning, he revealed that a man named Kush Patel had provided him with more AUD at an even lower exchange rate.
Following this lead, the police detained Patel, whose interrogation exposed the involvement of Maulik Patel, an Australian citizen living in Gandhinagar. Maulik had allegedly sent Kush a bundle of 50 AUD notes, hoping to offload them onto the market.
The police soon discovered that Maulik ran an industrial shed in Ahmedabad's Platinum estate, where he and his associate Dhruv Desai had set up an illicit printing operation.
The facility was nothing short of a counterfeit production line. Equipped with computers, printing machines, and a range of materials, the duo had downloaded an image of a 50 AUD note from the internet and used it to print high-quality replicas.
The operation was driven by Maulik’s desperation to make quick money after falling into financial trouble.
All four men—Parmar, Kush, Maulik, and Dhruv—are now in police custody. The authorities are continuing to investigate the pair’s past transactions and the extent of the counterfeit operation.
Meanwhile, the police have seized all the machinery and materials used in the illegal production of fake currency.