Fake currency racket accused gets two years' imprisonment

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Press Trust of India Hyderabad
Last Updated : Feb 02 2013 | 5:45 PM IST

The seventh fast track judge in Vijayawada pronounced judgement sentencing Mohammad Rajavul Shaik alias Karim, a native of Malda district of West Bengal, to two years rigorous imprisonment and a fine of Rs 500, Additional Director General of Police (CID) S V Ramana Murthy said.

The S N Puram Police in Vijayawada city had registered a case on November 4 last year against prime accused Mohammad Aktar Ali and five others including Mohammad Rajavul Shaik, while they were in possession of fake currency worth a face value of Rs 1.80 lakhs.

Subsequently, the CID took up the investigation, arrested the accused and filed a charge sheet. However, the accused jumped the bail, CID Inspector B Janardhana Rao, who investigated the case said.

The fake currency was part of the smuggled fake Indian currency notes (FICN) from Bangladesh which was printed in Pakistan and meant for circulation in India, the CID inspector said, adding that Shaik, who along with other accused had absconded was nabbed from Kadapa district of Andhra Pradesh on November 24.

Since other accused were absconding, trial was conducted against Shaik, he said.

  

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First Published: Oct 05 2012 | 4:08 AM IST

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