BENGALURU: The
National Investigation Agency (NIA) on Monday arrested a 31-year-old man who supplied
counterfeit currency
notes for distribution in the city.
Abdul Kadir, 31, a resident of Sabdalpur, Malda district, West Bengal, is believed to be among the first to start circulating fake Rs 2,000 notes post
demonetisation.
He was wanted in a case where a gang was circulating fake currency in Aluru, Madanayakanahalli, in August. Police had then arrested MG Raju, a resident of Vijayapura; Gangadhar Kolkar of Mudhol, Bagalkot and Sajjad Ali of Malda,West Bengal.
On Wednesday, Kadir was produced before the special NIA court and has been taken into custody for interrogation. Police sources said the gang would supply the counterfeit currency to the market and earn commission.
The accused also targeted sugar factories in
North Karnataka
to circulate the fake notes. NIA sleuths seized Rs 7 lakh worth fake currency from the gang members. NIA sources said Kadir was responsible for transportation of the counterfeit notes, which would then be circulated through his network.
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