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Home > News > India News > Article > Man held with Rs 145 lakh in fake notes

Man held with Rs 1.45 lakh in fake notes

Updated on: 05 July,2010 08:23 AM IST  | 
Abhishek Anand |

Culprit arrested in central Delhi, spread fake currency coming in from Nepal in the Capital

Man held with Rs 1.45 lakh in fake notes

Culprit arrested in central Delhi, spread fake currency coming in from Nepal in the Capital

The thousand-rupee note in your wallet may not be worth the paper it's printed on. The Delhi police claimed to have arrested a person with fake Indian currency of the face value of 1 lakh 45 thousand rupees. The police nabbed Ravinder Singh, 35, when he was about to deliver the notes to someone in Nabi Karim area of central Delhi.

"Ravinder is a resident of Mahipalpur area of Delhi and he hails from Bahraich district of Uttar Pradesh. He was a cloth supplier for 16 years but left his business in 2009. The accused revealed that he currently supplies confectionary items to smalltime shopkeepers.

While he was in the clothes business, he came into contact with Zakir, a resident of Motihari in Bihar, who also was in the business of selling of clothes. Zakir then lured him with the opportunity of becoming rich faster and enter the counterfeit currency business. Then Ravinder started collecting the fake currency from Zakir, who got the notes from Nepal, brought it to Delhi and supplied it to various parties here. Zakir used to get 10% commission for every fake 1000-rupee note and Ravinder did the same in Delhi," said a police officer.
145 fake notes worth 1000-rupee each on face value were recovered. The police officials are now investigating the customers of Ravinder in Delhi.

"In the primary interrogation the accused revealed that his accomplice Zakir was in touch with someone named Suresh in Nepal. And he supplied the fake Indian currency to Zakir.u00a0 The fake currency notes recovered from Ravinder are very similar to original ones. It seems like they were printed in a high class press. We had to use chemicals to prove that these notes were counterfeit. We have registered an FIR under section 489-A/489-B/489-C IPC at the Nabi Karim police station and we are investigating the case to break down their entire network," the officer added.

This is not the first incident where a Nepal angle has been found to the FICN (Fake Indian Currency Notes) racket. On May 26, a Pakistani national was arrested in Nepal with 65 lakh in FICN.

Spot the fake
The Patan police recovered counterfeit currency worth Rs 2.25 lakh from two persons travelling towards Ahmedabad on Saturday. As per a tip-off, a jeep which was heading for Ahmedabad was intercepted and counterfeit currency notes amounting to Rs 2.25 lakh all in the denomination of Rs 1,000 were recovered from Mahendrasinh Vaghela, a resident of Banaskantha and Jagatsinh Sodha, a resident of Barmer in Rajasthan.
Patan police said that they recovered notes worth Rs 1.75 lakh from Vaghela and another 50,000 from Sodha. The police has ruled out the possibility of the involvement of Pakistan and said that the printing was very good and the notes had been locally printed in the country only.




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