NSC racket unearthed, three Postal Dept employees arrested

Lucknow, Jun 9 (UNI) In a major catch, the Uttar Pradesh Police have unearthed a National Saving Certificate (NSC) racket to the tune of Rs 1.62 crore with the arrest of three employees of the Postal Department in Aligarh.

The accused were said to be using the NSC and Kisan Vikas Patra, which were looted in 1999 from a Railway wagon near Guwahati.

Postal certificates worth over Rs 400 crore were looted, and was said to be used by different centres of the Department in the country.

According to police, the postal employees arrested yesterday includes Shyam Babu, Lakshman Singh and Ramesh Chandra Dikshit.

The police first arrested Shyam Babu, the kingpin of the gang, on the complaint lodged by the Department in Aligarh on May 7 last.

At the time of the arrest, Babu even tried to commit suicide by consuming posion.

Earlier, the kingpin had murdered a person and tried to divert the attention of the police by placing his driving licience near the body.

The police further said three other accused including a Peon of the Department were still evading the arrest.

The CBI had also investigated Babu's appointment in the Postal Department, who even went to jail for various crimes.

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