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. The government had said that curbing of circulation of Fake Indian Currency Notes (FICN) was one of the primary objectives of the 2016 demonetisation exercise.
