Fake currency racket busted in Kashmir, 3 arrested
Police in south Kashmir’s Shopian on Friday successfully busted a fake currency circulation racket and recovered fake notes worth Rs.79,000 leading to the arrest of three accused persons.
Police in south Kashmir’s Shopian on Friday successfully busted a fake currency circulation racket and recovered fake notes worth Rs.79,000 leading to the arrest of three accused persons.
Fake currency notes of around Rs 9 crore were seized at Dhamakhali ferry-ghat by police on Friday night. Two persons Debobrata Chakraborty and Sirajuddin Molla were arrested in connection with the incident.
The arrest led to the confiscation of a total of 33 fake currency notes from their possession, officials said.
The items, reportedly recovered mostly from Pakistan-backed narco-terrorism peddlers, were stored in the malkhana to produce as evidence before the court.
An MoU has been signed between India and Bangladesh to prevent and combat smuggling and circulation of counterfeit currency notes, while training programmes have been organised for state police officers as well as those of Nepal and Bangladesh to make them aware about the problem.
Acting on specific information, the BSF officials raided Halderpara village on Saturday and apprehended one Mohammed Sukur Ali, 41, seized the fake currency notes being smuggled from India to Bangladesh.
However, in case of Rs 100 denomination note, there was an increase of 35 per cent in counterfeit notes detected and a significant 154.3 per cent rise in counterfeit notes detected in the denomination of Rs 50, the annual report said.
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