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Rs 5 lakh fake Indian currency notes seized

YB WEB DESK. Dated: 6/12/2019 8:59:03 AM

New Delhi, June 11 A team of Special Cell/Northern Range has arrested a key member of an international Fake Indian Currency Note (FICN) racket, Santosh Kumar Singh, who is a resident of Saran in Bihar. Fake Indian currency notes amounting to Rs 5 lakh (all Rs 2,000 notes), have been recovered from him. The recovered fake notes had nearly all the security features of the authentic currency notes including the security thread and the watermarks. Judging by the quality of the fake notes, it seems to have been printed from a sophisticated printing unit. The Special Cell had information for around six months regarding an international syndicate involved in FICN circulation. A dedicated team was set up to follow up on the intel. The movements of the suspected members of the syndicate were kept under manual as well as technical surveillance. During the surveillance, it was revealed that FICN was being pumped into India through Bangladesh and Nepal. It was also revealed that the FICN was being suspectedly smuggled into Malda, West Bengal through porous Indo-Bangla border.