A major fake currency racket was busted by the West Bengal special task force. During an extensive raid conducted the police found that fake Indian currency was being printed and distributed in the Manicktala and Domjur areas.
While the exact value of the fake currency is being ascertained, preliminary investigations would show that the fake currency seized could be valued at several crores of rupees. However the more ironic aspect of this raid was that the police seized fake currency of Turkey also.
What led to the trail
On February 27th, the police had nabbed a person by name Chandrasekar Jaiswal from the Bowbazar area in Kolkata. During his questioning, it was found that these persons were running a full fledged network in Manicktala and Domjur areas.
The STF which conducted a raid found that these persons had set up a full fledged network in the area and were even printing the notes. Several notes of Turkey too were found in the possession of the accused persons, the STF also says.
West Bengal has become a major transit point
Off late investigators have found that West Bengal has become a major transit point for fake currency. An investigation conducted by the National Investigating Agency found that the notes were being printed in Pakistan and then moved out of there through the Karachi airport to Bangladesh.
The notes would land in Bangladesh and then moved into Malda, West Bengal by foot before it is distributed across the country, investigations had also found.
The latest seizure comes as no surprise considering the kind of market there is for fake currency. However what has shocked investigators now is that these persons who have been arrested were printing fake currencies of other countries like Turkey.