Two held with fake notes worth Rs 6 lakh

Two persons, allegedly carrying fake notes worth Rs 6 lakh, were arrested from Sonia Vihar area here, with their interrogation revealing that they supplied the notes in UP and NCR, police said today.

The accused, Sanjeev alias Mukesh (31) and Arvin (35) are based in Shamli (UP) and were involved in circulating the fake currency they received from Eastern UP-based sources, DCP (Special) Cell Sanjeev Kumar Yadav said.

They used to supply it to prospective buyers of different states and particularly within different districts of UP and also in the NCR, he said.

A trap was laid and the accused were nabbed near traffic signal Nanaksar Gurudwara on Wazirabad Road last morning.
 

A Santro car with a Haryana number plate along with two mobile phones have also been recovered from them.

Arvin's bag contained fake currency worth Rs 2 lakh and Sanjeev's bag contained FICN worth Rs 4 lakh in Rs 100 notes.

"It has been found that the eastern UP-based sources procured the fake currency from Nepal which actually came from Pakistan.

"The interrogation has revealed that the supply and circulation of fake Indian currency has significantly increased in the last two-three months in UP," Yadav said.

It is also being probed whether the fake currency had any link with the ISI, sources said.

They said said that it is being probed whether the fake currency has also been used in the UP Assembly elections.

"The recovered fake currency is of fine quality. The accused told police that they have supplied several consignments so far in several states and charge Rs 40,000 for Rs 1 lakh in fake currency," the DCP said.

This is reportedly the first seizure of fake Rs 100 notes after the demonetisation. Following the note ban, the demand for Rs 100 notes grew, and those who are involved in this syndicate thought of circulating fake Rs 100 notes in the market, he added.

A special drive has been launched by the Special Cell of Delhi Police against fake Indian currency and last month, they had recovered fake currency worth Rs 19.22 lakh in the form of Rs 2,000 notes, Yadav said.