• search
For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

Highest quality fake Indian currency seized since demonetisation and Pak has perfected it

|

Ahmedabad, Oct 25: The Gujarat ATS recently busted a major counterfeit currency racket. The agency seized fake Indian currency of the face value, Rs 1.52 lakh and the notes found were in the denomination of Rs 2,000 and 500.

Highest quality fake Indian currency seized since demonetisation and Pak has perfected it

While the names of the usual suspects from Pakistan, Bangladesh and West Bengal cropped up during the investigation, the most important aspect of this case is that this has been the highest quality of fake notes that have been seized since demonetisation.

Fake currency worth Rs 1.50 lakh seized in Gujarat

It is the same mint and same gang in Pakistan which is behind this racket. Once demonetisation was announced, there was a major setback for this industry. However the examination of these notes have now revealed that this group has managed to make it almost similar.

They have managed to master the note to perfection said an officer associated with the probe. The paper, water mark and the security thread are identical and this is a big worry, the officer also added. This is a big worry for the Indian agencies who having a nightmare while dealing with this racket.

Bengal to Bangalore: How this florist from Assam ran a fake currency racket

Barring the marked improvement in the quality of the notes, the route and the suspects remain the same. Pakistan is where the notes originate from and it makes its landfall in Bangladesh. From there it is smuggled into Malda into West Bengal, before it makes it way into other parts of the country.

For Daily Alerts
Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more