Four members of the gang have been arrested and fake notes of face value worth Rs 8,48,000 in denominations of Rs 2000 was recovered.
Delhi Police on Wednesday busted a Fake Indian Currency Notes (FICN) gang which was bringing counterfeit notes in the national capital via Nepal and Bangladesh.
The gang was operational in Delhi for 7-8 years in the region and used both routes to bring counterfeit currency, Delhi Police Special Cell revealed.
Four members of the gang have been arrested and fake notes of face value worth Rs 8,48,000 in denominations of Rs 2000 was recovered.
Pramod Kumar Kushwaha, DCP, Special Cell, said the fake currency has been printed so efficiently that a common man would not be able to differentiate it from the real one.
During the police interrogation, the arrested accused revealed that the FICN was brought to Delhi-NCR area using two routes. The first frequently-used route is connected with Bangladesh via Malda district in West Bengal, while the second one is connected with Nepal via Bihar.
The Special Cell had earlier on November 21 arrested one Shariful. Shariful used Bangladesh route to bring fake notes to Delhi-NCR.
On the basis of information provided by him, Special Cell sleuths nabbed another key person Farukh who used to play a pivotal role in the supply of the fake currency.
Other two accused - Aashif Raj and Mukhtar Ahmad - were arrested today and were in possession of FICN worth Rs 2.48 lakh. They used the Nepal route to bring the counterfeit currency to India.
The told the cops that they used 60:40 ratio to supply fake notes. Explaining further, the cops said that they took Rs 1200 for each 2000-rupee note.
The police is further investigating the matter and looking for other members of the gang.
Earlier in June this year, the Special Cell had arrested one of the key persons involved in pumping FICN in the country. The accused Narendra alias Secretary was wanted by the Cell after his associates, who were earlier arrested, said that Secretary was the kingpin of the gang. The Delhi Police had previously declared a reward of a lakh on his arrest.
The new Rs 2,000 notes were introduced after Centre's demonetization exercise two years ago. The move, announced by Prime Minister Narendra Modi on November 8, 2016, was aimed at removing FICN from the circulation among other objectives. Launching the new notes with advanced security features, the Reserve Bank of India (RBI) had said that they were difficult to counterfeit.
However, arrest of these accused and recovery of fake notes which would like real one to any common man tells another story.
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