Insta
NIA Nabs Gang Dealing In Counterfeit Currency Across Multiple States
Swarajya Staff
Nov 13, 2017, 04:00 AM | Updated 04:00 AM IST
Save & read from anywhere!
Bookmark stories for easy access on any device or the Swarajya app.
The National Investigation Agency (NIA) on Sunday (12 November) busted an inter-state gang dealing in fake currency and arrested three people, reports ANI.
Preliminary investigations revealed that that the gang was predominantly active in West Bengal, Delhi, Rajasthan and Maharashtra for several years and lured people on the pretext of exchanging high quality Fake Indian Currency Notes (FICN) and unbilled gold biscuits at attractive rates.
The gang was caught during an investigation by the agency into a 2016 case related to seizure of counterfeited currency near the India-Bangladesh border.
One Nasir Sheikh was arrested with the fake currency worth Rs. 9.8 lakh in March 2016, while his aide Darul Sheikh, a Bangladeshi citizen, managed to escape.
On Sunday, acting on a tip that Sheikh and his accomplices would attempt to strike a deal in Mumbai, the NIA swung into action. Subsequently, agents conducted raids at two locations – Mumbai and Kolhapur – and nabbed the accused, namely Rashid Khan, Gagan Kumar Vyas and Iqbal Ahmad Ansarim.
Nearly 20 gold biscuits, weighing 100 grams each, were also seized from their possession. The purity of the metal is yet to be verified.
All of them have been handed over to Dholpur police for further investigation.
Save & read from anywhere!
Bookmark stories for easy access on any device or the Swarajya app.
Support Swarajya's 50 Ground Reports Project & Sponsor A Story
Every general election Swarajya does a 50 ground reports project.
Aimed only at serious readers and those who appreciate the nuances of political undercurrents, the project provides a sense of India's electoral landscape. As you know, these reports are produced after considerable investment of travel, time and effort on the ground.
This time too we've kicked off the project in style and have covered over 30 constituencies already. If you're someone who appreciates such work and have enjoyed our coverage please consider sponsoring a ground report for just Rs 2999 to Rs 19,999 - it goes a long way in helping us produce more quality reportage.
You can also back this project by becoming a subscriber for as little as Rs 999 - so do click on this links and choose a plan that suits you and back us.
Click below to contribute.