India News | NIA Arrests Two for Smuggling of Fake Indian Currency Notes
Get latest articles and stories on India at LatestLY. The National Investigation Agency (NIA) on Monday arrested two men for their alleged involvement in the circulation and smuggling of high quality counterfeit Indian currency notes, according to an official statement.
New Delhi, Aug 17 (PTI) The National Investigation Agency (NIA) on Monday arrested two men for their alleged involvement in the circulation and smuggling of high quality counterfeit Indian currency notes, according to an official statement.
The accused -- Md Baitullah and Md Mukhtar – are residents of Kishanganj, Bihar.
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The case was registered by the NIA on March 12 this year, based on a seizure made by the Directorate of Revenue Intelligence (DRI) of counterfeit Indian paper currency notes of face value Rs 4.01 lakh from two arrested accused persons Gulam Mortuja and Shajatur Rahman in Siliguri, it said.
The investigation revealed that Mortuja was part of a well-organized syndicate of Fake Indian Currency Notes (FICN) circulators who were spread across the country, the probe agency said.
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Investigation has also revealed that this syndicate had several agents to circulate FICN in India, the NIA said.
In this connection, accused Md Baitullah and Md Mukhtar were two main agents working for Mortaza for circulation of FICN, the statement said.
“Accordingly, surveillance was mounted and after a night-long operation, these two agents were located and arrested today morning,” it said.
An NIA official said the accused were arrested from Kishanganj in Bihar.
“Searches were also conducted at their hideouts and incriminating material as well as electronic evidence has been seized,” the statement said.
The NIA is probing the case which pertains to a conspiracy hatched by a network of individuals for production, circulation and smuggling of high quality counterfeit Indian currency notes, it added.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)