VARANASI: The joint team of special operation group and Sarnath and Cantonment police nabbed two youth carrying counterfeit Indian currency (CFIC) amounting to 50,000 in the denomination of Rs 500.
SSP BD Paulson said that acting on a tip off, he constituted a joint team that succeeded in nabbing two youth. The arrested persons were identified as Sonu alias Seraj of Azamgarh district and
Zeeshan Ahmed of Koyla Bazar.
The police recovered 100 notes in the denomination of Rs 500, one country-made revolver and a motorcycle from their possession.
The upgraded quality of CFIC (printed in the latest series of currencies of
Reserve Bank of India) made it difficult to differentiate it with genuine currency notes.
During initial investigations, it came to light that the arrested youth had got the CFIC from Bhairva on Indo-Nepal border. The arrested youth had paid Rs 35,000 to the suppliers. They revealed that they had brought the consignment of CFIC for the second time.
Sources revealed that the agents visiting Nepal to procure the CFIC consignment are getting the counterfeit currencies of Rs 1 lakh at a time.
In the case of making second effort to procure CFIC, they are being alerted by the Nepal-based suppliers to operate carefully. Police were trying to nab other members of the gang.