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Police bust fake currency racket in Chhattisgarh

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R Krishna Das Kolkata/ Raipur
Last Updated : Jan 20 2013 | 11:39 PM IST

Chhattisgarh police have received a major breakthrough to establish that agents from the neighbouring countries are trying to flood the Indian market with fake currencies.

The Raipur police nabbed a person, identified as Bhor Jahan of Malda in West Bengal, from a hotel yesterday with fake currencies worth Rs 2.09 lakh. The currencies were in the denominations of Rs 1,000 and Rs 500.

During interrogation, police have received startling revelations that establish the links of fake currencies to the neighbouring countries. Jahan’s accomplice from Bangladesh has, however, managed to escape before the police party raided the hotel.

“We have got substantial evidences based on the inputs given by the accused to establish the involvement of persons from Bangladesh in circulating fake currencies in Indian market,” Raipur Superintendent of Police Amit Kumar told Business Standard.

Sensing the seriousness of the matter, the Raipur police had informed the Central Bureau of Investigation (CBI) and National Investigating Agency (NIA) about the developments. Sources said the officials from both the agencies would be visiting Raipur to interrogate the arrested person.

Kumar, quoting the statement of Jahan, said that the Bangladeshi was a frequent visitor to Malda, which shares the border with Bangladesh. During visits, Jahan came to his contact. The person, whom police do not want to be named, offered a lucrative job to Jahan.

On August 19, they came to Raipur and checked-in at the same hotel near the railway station. The person gave him a note of Rs 1,000 and asked to circulate it, and bring back eight notes of Rs 100 each. In returned, he was paid Rs 200 daily. Jahan circulated the fake currencies worth more than Rs 50,000 in the whole-sale cloth market before they returned to Howrah. Jahan and the Bangladeshi national came to Raipur again on Tuesday night. But before they could curculate the fake currencies, one of the persons was nabbed by police. Kumar said a police party had been sent to West Bengal to probe the matter.

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First Published: Sep 11 2009 | 12:03 AM IST

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