Agartala, Nov 12: Tripura police alerted its counterparts of northeast following detection of a fake currency racket in western Mizoram recently.
According to intelligence officials here, the ISI was pumping fake notes into the region to destabilise the economy besides other contraband items with the help of anti-national outfits of Northeast.
Meanwhile,the Tripura police offered their neighbouring states to launch joint raids against the fake notes rackets. The security forces in the region have seized fake notes worth of Rs 50 crore from different locations.
Seven persons, including Manager of State Bank of India, Mamit in Mizoram, Nikkilal Sangliana and former Congress BDC Chairman Md Karim Mian were arrested by the Mizoram police and joint investigation launched against the dealers.
Police officials in North Tripura said for many months a large number of fake notes had been in circulation at Mamit and a section of bank employees smelt a rat when it started receiving fake notes from salary accounts.
On the basis of specific information, the police in Mamit started to monitor calls made and received by Sangliana and police came to know that on October 30, a packet containing fake currency of Rs 2 lakh would be deposited with the bank.
They seized the packet and a diary containing counterfeit notes had the words Central Bank of Bangladesh inscribed on it and arrested them and three others including Mian later in connection with the racket.