STATESMAN NEWS SERVICE
New Delhi, 12 January
The special cell of Delhi Police arrested six persons in two separate incidents for their involvement in smuggling of fake Indian currency notes (FICN) into the country from Pakistan via Nepal and Bangladesh.
In the first incident, the crime branch busted an international gang of counterfeit currency suppliers and arrested three persons. The cops also recovered FICN with face value of Rs 4.5 lakh.
According to the additional commissioner of police (crime branch), Mr Ravindra Yadav, the accused were identified as Mahesh Prasad (40), Shahjahan (43) and Mohd Nisar (38). "All the accused are the natives of East Champaran, Bihar and landed in police net from Adarsh Nagar Railway Station in the Capital following a tip-off," said Mr Yadav.
The accused used to smuggle FICN into India from Pakistan via Nepal. All the notes recovered from them are in the denomination of Rs 1000, said Mr Yadav.
During the interrogation, the accused disclosed that the kingpin of the gang is based in East Champaran and the FICN is brought in from Nepal through porous Indo-Nepal border and circulated in various parts of the country through exclusive agents.
Police said that the high quality FICN were printed at an old currency notes press in Pakistan and its circulation is managed by one Iqbal Kana, who has been deemed notorious for his involvement in all such illegal activities.
"The value of FICN of Rs 1000 denomination starts from Rs 200 in Pakistan, Rs 400 in Nepal and Bangladesh and then reaches to Rs 500 after entering into the Indian soil, where it is pushed into circulation. In Delhi and its adjoining places, the value of such fake notes is around Rs 700," said Mr Yadav. He added that in India, the notes are easily slipped into bundles of currency being involved in ‘Hawala’ and black money.
"The local receiver of the FICN whom the consignment was to be delivered, has been identified and raids are on to nab him," said Mr Yadav.
Police suspect that the profit earned by the network was being used to fund anti-social and illegal activities including terrorism and narcotics trade.
In a separate case, the Special Cell of the Delhi Police claimed to have busted a syndicate involved in procuring and circulating FICN into India from Bangladesh.
According to a senior police officer of the special cell, three persons have been arrested and recovered Rs 5 lakh FICN from their possession.
The officer said that two of the accused were identified as Mohammed Habibuddin Momin (36), Kaiyum (32), both natives of district Malda in West Bengal. Both are previously involved in cases of FICN registered at Delhi and Rajasthan.
The third accused was identified as Kamal (24), native of Malka Ganj, Delhi. Kamal is the declared bad character (BC) of Sabji Mandi police station and was involved in robbery and theft cases.