Fake currency seized, Pak link revealed
The Delhi police on Wednesday claimed to have smashed a fake currency racket with links to Pakistan following the arrest of four persons and seizure of fake currency with a face value of `1.35 lakh. Investigators also claimed that for the first time, separate sheets containing fake security silver bromide threads have also been recovered from the gang.
Prem Chander Prasad, 33, Iliyas, 47, Baleshwar Ram, 34, and Ravi Kumar Sharma, 32, were apprehended on Tuesday afternoon after a tip-off, deputy commissioner of police (crime) Sanjay Kumar Jain said.
“We got a tip-off that a gang led by Prem is engaged in smuggling fake Indian currency notes from a neighbouring country into India. A decoy customer struck a deal with the gang for delivery of `10,000 fake currency on payment of `6,500.
“We apprehended Prasad, Ram and Ilyas from Nand Nagri. Later we arrested Sharma,” DCP Jain said. During interrogation, the accused revealed that they obtained the fake currency from one Shamim, a Pakistani national. The sale proceeds of fake Indian currency notes were also recovered.
“They used to get two kinds of fake notes. One with the security thread and the other without it. The one with the security thread embedded in the note cost them `550 for a `1,000 fake note whereas the one without it cost them `510. In the latter, they had to manually insert the security thread inside the note,” he said.
The paper and ink are of good quality. “It is apparent that the notes have been printed at a sophisticated facility. The availability of separate fake security silver bromide thread is an added area of investigation in this case,” DCP Jain said. “Shamim is Prasad’s contact and has known him since he lived in Motihari, Bihar. He has been supplying fake notes to his contacts in Punjab and Delhi,” he said.
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