An investigation into the Rs 2,000 currency note scam has uncovered the involvement of businessmen from Delhi, Prayagraj, and Jabalpur, who were allegedly collaborating with the prime accused, Anil Jain, to operate the racket. Police officials familiar with the investigation have revealed that these businessmen were in constant communication with Jain, who was running the operation. The accused were reportedly gathering money from other businessmen in their respective cities and using Jain’s network to exchange the demonetised Rs 2,000 notes through the Reserve Bank of India (RBI) in Nagpur. The police have confirmed the identities of these businessmen but are still waiting for their exact locations to make arrests. Although the full scope of the scam is still under investigation, the police have suggested that currency worth several crores of rupees has been exchanged under this illegal network over the past year without drawing attention of any agencies. Anil Jain, the kingpin of the racket, is a 56-year-old resident of Dakshin Miloni Ganj, Gohelpur District, Jabalpur, Madhya Pradesh.

 

The police revealed that Jain had been operating across North India, dealing with businessmen and politicians from Delhi, Banaras, Lucknow, Patna, Agra, and Chandigarh, offering to exchange demonetised currency at the RBI's Nagpur Branch. Police sources claim that Jain earned a commission of Rs 20,000 for every Rs 5 lakh in demonetised notes exchanged. According to investigators, Jain frequently travelled to Nagpur to facilitate these exchanges and targeted poor persons. The operation would lure them with promises of helping exchange old notes, often for a commission. The racket operated under the radar for over a year, with many unsuspecting persons involved in the process. So far, the police have arrested Anil Jain, and three key associates of Jain—Nandalal Govardhan Maurya (35), Rohit Nageshwar Bawne (36), and Kishore Ramesh Bahoriya (30)—who were reportedly part of the operation. The trio was arrested while exchanging the notes in Nagpur.