News > Nearly 60% of fake money seized in 2021 were of ₹2,000 denomination

Nearly 60% of fake money seized in 2021 were of ₹2,000 denomination

Nearly 60% of all fake money seized in the year 2021 were of ₹2,000 denomination, the Crime in India 2021 report compiled by the National Crime Records Bureau (NCRB) shows. Of the total ₹20.39 crore fake Indian currency notes seized in 2021, ₹12.18 crore was in the denomination of ₹2,000.

The ₹2,000 and ₹500 new currency notes were introduced in 2016 after the old ₹500 and ₹1,000 notes were scrapped by the government.