From Bengaluru to Bengal, how this accused circulated fake currency
A key operative involved in a major fake currency racket has been arrested by the National Investigation Team. The NIA's Hyderabad wing arrested Saddam Hussain, a resident of Bengaluru who was found in possession of fake currency to the tune of Rs 26,000.
The NIA team also recovered two demonetised currency notes of the value Rs 1,000. The accused was allegedly circulating fake currency in various parts of his country after obtaining it from his contacts in Mada, West Bengal.
During investigation it was revealed that accused Saddam had travelled to Malda from Bangaluru on the instructions of Amirul Hoque and collected High Quality FICN from Roustam on four occasions.
NIA Hyderabad branch had filed charge sheets against Saddam and Arnirul Hoque on July 29 2016.
Accused Saddam Hussain is a close associate of other accused persons and he had procured FICNs from them for circulation in Bengaluru. Saddam was produced before the XLIX Additional City Civil and Sessions Court (Special Court for Trial of NIA cases) at Bengaluru.