The Karnataka ATC arrested two persons in a fake currency racket that has revealed suspected links with ISI and underworld don Dawood Ibrahim.
BANGALORE: The Karnataka anti-terrorist cell (ATC) on Monday arrested two persons in a fake currency racket that has revealed suspected links with ISI and underworld don Dawood Ibrahim.
The ATC arrested Shyam Geroge (37) and Srinivas alias Dhanush (35) alleged kingpins of an inter-state fake currency racket, and seized fake currency notes of Rs500 denomination worth Rs36,000.
The two were associates of Doreraj and Babu, who were arrested by the Mumbai police in an Rs8 lakh fake currency seizure in February this year.
“The main kingpin to this entire racket, Rajan from Kerala who is lodged in Hindupur prison in Andhra Pradesh might have links with ISI,” an official attached to the ATC alleged.
“In view of the huge quantities of fake currency notes seized from terror suspects in other metros, we stepped up our vigil on similar activities here. This has led to the arrest of the two,” said Bangalore police commissioner N Achuta Rao.
The Hyderabad police had busted a fake currency haul involving Rs2.36 crore on August 25. In this case too, it was suspected that the racketeers had had terror links.
A probe into the recent Bangalore racket then revealed that Abdul Rashid Husseini Putter, mastermind behind a fake currency racket in India had plotted the transfer of the notes to Hyderabad, Mumbai, Bangalore, Mangalore and Mysore.
The police are also looking into the serial numbers of the notes since the fake currencies, which were seized in Hyderabad and in Bangalore in October 2006 had similar serial numbers.
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