Cops bust counterfeit currency racket

Cops bust counterfeit currency racket

Fake currency was routed to City from Nepal

The accused are Binod Prasad (40) of Balvaram Purava, West Champaran District, Raindar (23) of Areraj Village, Motihari district and Basanth Prasad (60) of Raksool Village, Motihari district.

Counterfeit notes worth
Rs 1.72 lakh including 15 counterfeit notes of Rs 1,000 denomination and 315 counterfeit notes of Rs 500, ATM cards and voter identity cards, have been recovered by the police, the City Police Commissioner Shankar Bidari told mediapersons here on Sunday.   
Acting on a tip off, the Kothanur police of the North East division raided a house in Thanisandra and arrested the accused, who had rented a house here. The trio were supplied counterfeit notes from a person Beerganj in Nepal. Counterfeit notes of Rs 1 lakh (with a face value of Rs 500) in exchange for Rs 40,000 genuine notes and 15 counterfeit notes of 1,000 denomination for Rs 1,000 (genuine notes) were supplied, he stated. Kothanur police have registered a case.

Preliminary investigation has revealed that counterfeit notes in such huge scale were printed in Pakistan and were routed to circulators in India through Nepal, said Bidari.
Considering seriousness of the case and need for a detailed investigation in Bihar and Nepal, the case will be handed over to the Central Bureau of Investigation after obtaining orders from the State government, added Bidari.

Man robbed
Two unidentified persons robbed a man of his cellphone at Ring Road and 80 Feet Road junction on Saturday.
The incident occurred when the victim Ramshad T M of Ramaswamypalya Main Road was returning home after visiting his friend’s house. The suspects accosted Ramshad snatched the phone and fled. Ramshad injured his finger when he tried to protest, police said.
DH News Service