DRI seizes fake Rs 2,000 notes of Rs 4.2 lakh face value

Image
Press Trust of India New Delhi
Last Updated : Jan 09 2018 | 7:56 PM IST
Fake currency notes of Rs 2,000, with face value of Rs 4.22 lakh, smuggled in from Bangladesh have been seized by the DRI from a person when he was boarding a train to West Bengal's Malda from here, according to an official statement issued today.
Acting on input, the Directorate of Revenue Intelligence (DRI) yesterday recovered 211 pieces of fake India currency notes (FICN) of Rs 2,000 denomination each from him at old Delhi railway station, it said.
"During interrogation, the accused has stated that he is a member of an international racket and working as a carrier for another handler," the statement said.
He has carried these fake currency notes for delivery at places in Delhi and Haryana, it said.
"The DRI has further mounted surveillance and intercepted the handler from Patna railway station today," the statement said.
Both accused have been arrested at their respective locations and sent to judicial custody.
Preliminary investigation revealed that the syndicate in Malda has been procuring these counterfeit notes from persons operating from Mohammadpur village in Bangladesh and supplying it in Delhi and adjoining areas on regular basis since introduction of new notes after demonetisation, the DRI statement said.
As per expert opinion, these forged notes do not match with original ones on many counts.
"The notes lack many security features but have enough similarities with original notes for bringing into circulation by befooling common public," it said.
Since introduction of new currency notes post- demonetisation, the DRI has till date seized counterfeit notes in many cases at Mumbai, Delhi, Patna, Guwahati and Behrampur and recovered fake Indian currency notes having face value of Rs 50 lakh approximately.
In all cases, it is seen that smuggling routes of FICN emanates out of Bangladesh, the DRI said.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Jan 09 2018 | 7:56 PM IST

Next Story