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Wednesday, February 27, 2013

Huge Fake Currency Recovered, RBI Concerned

MALDA, 13 DEC: Huge amount of fake currency was recovered in a single day while Reserve Bank of India expressed its concern for the border districts over the issue of fake currency smuggling. More than Rs 9 lakh of fake currency was recovered and four persons were arrested in this connection. One motor cycle of the smugglers was also detained by police.  
Acting on a tip off police of Baishnabnagar nabbed two youths at Kumbhira, a village close to Bangladesh border last night. Rahul Sheikh (22) and Mujibar Sheikh (20)—two youths were coming by a motorcycle. Police recovered Rs 6 lakh of fake currency from them and also detained their bike. It is learnt that the duo was for long looked for in connection with international racket of fake currency smuggling.

On the same night, another youth who came from Kaliachak, was caught by English Bazaar Police. 18 years old Nabab Sharif, who failed to satisfy police about his whereabouts, was finally found carrying Rs 3 lakh of fake currency. Besides one Sajibul Haque of Chanchal was arrested last night with Rs 11000 of fake currency. All of them were produced to court today.

It may be noted that border villages like Kumbhira, Chari Anantapur, Mohonpur have become hub of the fake note smugglers. They can make use of the Bangladesh border for importing fake currencies and smuggle them out to Bihar, Jharkhand and other parts of the country. The easy communication is being used by them.

Superintendent of police Jayanta Pal claimed, “Among the four arrested last night, first three were involved in the racket while the fourth one was merely a carrier. With this amount of Rs 1.10 crore of fake currency was recovered in this year and 156 persons were arrested.” Mr Pal also informed that National Investigation Agency (NIA) was coming to Malda to interrogate one of the arrested youths.

Meanwhile State Bank of India has arranged a special workshop with all its 41 branches in the district over fake currency. Regional Manager JP Mishra said, “Reserve Bank of India has expressed concern over the fake currency spread rapidly in the 3 border districts Malda, Murshidabad and Nadia. RBI has suggested some special measures to curb it.” Mr Mishra observed, the smugglers of fake currency have targeted the rural markets to spread these notes. “Thus we have introduced a special service in our branches where any person with his money could come to the branch and check the genuineness of the currencies”, he said.

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