Bangur Nagar police have arrested two men, Raj Singh  and  Prakash Gupta, for allegedly cheating a Goregaon worker of Rs 7 lakh by claiming they could turn plain paper into Indian currency using a “special chemical powder”.

Police said the accused first gained the trust of the 34-year-old Bharat Gas godown worker from Goregaon West through a series of demonstrations. In December 2025, they called him to Vasai and showed a trick where a Rs 500 note appeared to double after applying a chemical powder.