Pakistani-printed fake Indian currency notes (FICN) with a face value of Rs.7 lakh were recovered from two people here, police said Saturday.
The consignment which Nasirul Sheikh, 21, of West Bengal and Rasmuddin, 33, of Rajasthan, both arrested, had to supply in various other states of the country was seized at National Highway-8 near the Delhi-Gurgaon border.
"Both were working as receivers who procure the consignments from Bangladesh via its porous border areas," said a police officer.
The accused told police that the syndicate is being handled by Rezaul and Saleem, both based in Malda, West Bengal.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app