The searches led to the seizure of FICN worth Rs 6,600 (in denomination of Rs 500, Rs 200 and Rs.100), along with currency printing papers from one of the accused’s house.(Representative image/PTI)
People suspected of being part of a larger conspiracy to traffic fake currency notes across borders were targeted through the raids
The National Investigation Agency (NIA) seized fake notes, currency printing paper, printer and digital gadgets on Saturday while conducting raids across four states. The raids were carried out In order to bust the racket of Fake Indian Currency Notes (FICN) running across various parts of the country.
Following a case registered on November 24 under sections 120B, 489B, 489C and 489D of IPC, the NIA carried out the raids. People suspected of being part of a larger conspiracy to traffic fake currency notes across borders were targeted through the raids.
The searches led to the seizure of FICN worth Rs 6,600 (in denomination of Rs 500, Rs 200 and Rs.100), along with currency printing papers from one of the accused’s house.
Based on information teams of NIA cracked down at the premises of suspected accused on various states. They were identified as Rahul Tanaji Patil from Maharashtra’s Kolhapur, Shiva Patil in Yavatmal district, Vivek Thakur in Uttar Pradesh’s Shahjahanpur district, Mahendar in Karnataka’s Ballari district and Shashi Bhushan in Bihar’s Rohtas district.
As per information from NIA, accused Vivek Thakur along with Shiva Patil and others used to procure fake currency and its printing accessories from the bordering countries to circulate them across India.
As per the probe agency’s press release, investigations also revealed that Patil was using SIM cards that was fraudulently obtained in order to take payments with the promise of supplying fake currency notes.
Further investigations in regard to the case are currently underway.
Source: News18