Millennium Post

Fake Rs 2k notes smuggled from B'desh for exchange in K'taka seized

Fake Rs 2k notes smuggled from Bdesh for exchange in Ktaka seized
Hyderabad: The DRI has arrested two men and seized fake notes of Rs 2,000, having a face value of over Rs 10 lakh, which were allegedly smuggled into India from Bangladesh for exchange with real currency in poll-bound Karnataka.
Polls in the state is slated on May 12. The accused were apprehended from on-board the East Coast Express (Howrah to Hyderabad) near Visakhapatnam on Saturday.
On search of their baggage, they were found to be carrying Fake Indian Currency Notes (FICN) in five bundles, total 510 pieces of Rs 2000 notes, as per a press release issued by the Directorate of Revenue Intelligence (DRI).
The FICN were wrapped in newspapers and kept inside a pillow in their luggage bag, it said. During interrogation, the passengers said they got the FICN from a person, who allegedly brought the fake notes from Bangladesh and handed it over to them at Farakka, the DRI said. Farakka in West Bengal is known as a hub for FICN circulation and is a few kilometers from Malda, it said.
The accused belong to Bengaluru, Karnataka, and on inquiry, they said they intended to exchange the FICN during the polls in Karnataka, as it would be easy for them to exchange during the poll period, it said.
Agencies

Agencies

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