The arrest of two persons with counterfeit Indian currency of face value of Rs2.65 lakh near the APMC market last week, has once again proved that such rackets are still active in Navi Mumbai and they are circulating such notes in the city.
The two suspects arrested in that case, have been idendified as Johny Shaikh, 22, a native of Jharkhand, and Sanaul Shaikh, a native of West Bengal. The police are however, still clueless about the place where these fake notes were printed and persons who supplied those to the satellite city.
"The suspects' plan was to give fake currency of facevalue of Rs 1000 in return of real currency of Rs 100. They had been planning to distributes the notes among the traders in the market. We suspect, they came to the city for distributing such notes earlier as well," said Vivek Lawand, police inspector from APMC police station.
Sources from Navi Mumbai crime branch told dna of navi mumbai that the police recovered such fake notes of facevalue of more than Rs10 lakh in 2013.
"Almost all suspects arrested in such cases, come from Malda district of West Bengal.
Several teams from Mumbai and Navi Mumbai police have visited that district, but have not been able to find out the places where such fake notes are printed.
Even the co-operation of the local police is also not upto the expectation in terms of busting such rackets," said Nitin Patil, assistant police inspector from the crime branch.
Explaining the culprits' modus operandi, Patil said, "These culprits come to the city and do various petty jobs staying in rented houses.
Gradually, they start circulating fake currency notes among their targeted people and take genuine currency notes in return. We suspect these culprits are also receiving help from some of our neighbouring countries in printing and circulating such fake notes."