A suspected member of a fake currency racket was injured during a police encounter in Guwahati as Assam Police intensified its crackdown on organised financial crime. The operation was carried out as part of the ongoing investigation into a counterfeit currency network that was recently busted in the city, leading to the seizure of fake Indian currency notes worth Rs 13.5 lakh.
According to police officials, the accused sustained injuries during the encounter after allegedly attempting to evade arrest while leading investigators to a location connected with the counterfeit currency operation. The suspect was immediately taken into custody and shifted to a nearby hospital for medical treatment.
Authorities stated that the suspect remains under police guard while further investigation into the case continues.
Operation Linked to Fake Currency Investigation
The encounter is directly connected to the investigation into the fake currency racket that Guwahati Police recently uncovered during an intelligence-based operation.
Following the arrest of the suspect, investigators reportedly questioned him regarding the source of the counterfeit notes, distribution channels, and the identities of other individuals involved in the illegal network. During the course of the investigation, police conducted a follow-up operation based on information provided by the accused.
Officials stated that the operation aimed to recover additional evidence and identify other members of the organised racket operating within and outside Assam.
The investigation continues to focus on dismantling the entire counterfeit currency network.
Suspect Allegedly Attempted to Escape
According to preliminary information shared by police, the encounter occurred when the accused allegedly attempted to escape from police custody during the operation.
Officials stated that the suspect reportedly tried to flee while being taken to recover materials connected to the investigation. Police personnel responded to the situation, during which the suspect sustained injuries.
The accused was immediately provided medical assistance before being admitted to a hospital for treatment.
Authorities have initiated the standard legal procedures that follow such police operations, while the investigation into the counterfeit currency case remains ongoing.
Further details regarding the sequence of events are expected to emerge after completion of the official inquiry.
Investigation Expands to Organised Criminal Network
Police officials indicated that investigators are working to identify the broader network responsible for producing and circulating counterfeit currency.
The investigation is examining possible interstate and cross-border links, financial transactions, communication records, and logistical arrangements used by the accused to distribute fake notes.
Digital devices, documents, and other materials recovered during the investigation are being analysed to identify additional suspects and establish the operational structure of the racket.
Officials have not ruled out further arrests as more evidence is gathered during the ongoing investigation.
The case is being handled with the support of specialised investigative teams focusing on organised financial crime.
Counterfeit Currency Remains Serious Economic Threat
Law enforcement agencies have reiterated that counterfeit currency poses a significant threat to the country’s financial system by facilitating illegal activities and undermining confidence in genuine currency.
Fake notes often enter circulation through illegal transactions, organised crime networks, and fraudulent commercial activities, causing financial losses to businesses, traders, financial institutions, and ordinary citizens.
Police officials stressed that preventing the circulation of counterfeit currency remains a major priority for enforcement agencies.
Regular surveillance, intelligence gathering, and coordinated operations have strengthened the state’s efforts to detect and dismantle such criminal networks before counterfeit notes reach the market.
The latest operation reflects Assam Police’s continued focus on combating economic offences.
Assam Police Intensify Crackdown on Financial Crimes
The successful operation forms part of Assam Police’s broader campaign against organised criminal activities, including counterfeit currency rackets, cybercrime, narcotics trafficking, financial fraud, and illegal smuggling.
Senior officers stated that intelligence-led policing, technological surveillance, and inter-agency coordination have significantly improved the effectiveness of anti-counterfeit operations.
Specialised investigation teams continue to monitor suspicious financial activities while maintaining close coordination with national and state-level law enforcement agencies.
Officials believe proactive policing remains essential for protecting the integrity of the country’s financial system and ensuring public confidence.
The department has reaffirmed its commitment to taking strict legal action against individuals involved in counterfeit currency operations.
Public Asked to Remain Vigilant
Police have once again appealed to citizens, traders, business owners, and financial institutions to remain alert while handling cash transactions.
People have been advised to carefully examine high-denomination currency notes and immediately report any suspected counterfeit currency or suspicious financial activities to the nearest police station.
Officials stated that public awareness plays a crucial role in detecting counterfeit currency at an early stage and preventing its circulation.
Banks and commercial establishments have also been encouraged to continue strengthening verification mechanisms for identifying forged currency.
Active cooperation from the public, police said, significantly improves the effectiveness of anti-counterfeit enforcement efforts.
Investigation Continues
The injured suspect remains under medical supervision and police custody as investigators continue questioning him regarding the counterfeit currency network. Authorities are working to identify all individuals connected to the racket and recover any additional counterfeit notes or equipment used in the illegal operation.
Officials have indicated that further arrests may follow as the investigation progresses and additional evidence is examined.
The encounter marks another important development in Assam Police’s ongoing campaign against organised financial crime. By acting swiftly on intelligence inputs and pursuing the investigation beyond the initial seizure of Rs 13.5 lakh in fake currency, law enforcement agencies aim to dismantle the entire criminal network responsible for producing and circulating counterfeit notes. The operation underscores the importance of coordinated policing, public vigilance, and sustained enforcement in safeguarding the integrity of India’s financial system and preventing organised crime from exploiting illegal currency circulation.