Fake ₹50,000 Notes Used to Buy Sacrificial Goats in Surat, Four Arrested

In a shocking case of fraud ahead of Bakrid, four men in Gujarat’s Surat allegedly purchased two sacrificial goats using fake currency worth ₹50,000. The incident took place at a goat market near the Palsana T-point area under the Sachin police station limits.

The victim, 35-year-old goat trader Bhanwarlal Jaychand Bhageria from Rajasthan, had arrived in Surat to sell goats for the festive season. On May 17, 2026, three men reportedly approached him and agreed to buy two goats for ₹25,000 each. The accused allegedly paid him 100 notes of ₹500 denomination and left with the animals.

The fraud came to light the following day when the trader noticed several notes carried identical serial numbers. Upon closer inspection, he discovered that 97 out of the 100 notes were counterfeit, while only three were genuine. He immediately filed a complaint at the Sachin police station.

Taking swift action, Surat Police launched an investigation and arrested four accused — Mohammad Ulfat Sheikh, Nazir Ansari, Rais Siddiqui, and Mohammad Jamal Abdul Sattar Sheikh.

Police raids at the main accused’s residence and warehouse reportedly led to the recovery of 322 counterfeit ₹500 notes worth ₹1.61 lakh. Investigators also found partially destroyed fake notes, suggesting an attempt to erase evidence. The goats and the motorcycle allegedly used in the crime were also recovered.

Authorities are now probing the source of the counterfeit notes and whether a larger network is involved.

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