<p>The National Investigation Agency (NIA) filed a charge sheet against four accused in connection with Fake Indian Currency Note (FICN) having a face value of over Rs 6 lakhs in Rs 2000 notes on August 8 reported in Madanayakanahally.</p>.<p>The charge sheet was filed against M G Raju from Devanahalli, Gangadhar Ramappa Kolkar, a resident of Bagalkote, Vanitha J from Ramachandrapuram and Mohammed Sajjad Ali from West Bengal before the NIA Special Court.</p>.<p>During the investigation, it was found that the accused and their associates based in Karnataka as well as in West Bengal hatched a conspiracy to de-stabilise the monetary stability of the country by circulating FICN as genuine Indian currency notes in the local markets of Bengaluru and other parts of Karnataka. They were actively involved in procuring, trafficking, supplying and circulation of huge quantities of such notes in high-denomination.</p>.<p>Ali was a courier and as part of the conspiracy, he brought huge quantities of FICN from Malda to Bengaluru. Raju and Gangadhar are known FICN racketeers and have been involved in such cases earlier as well. Further, Raju was convicted in Amruthahalli PS case and awarded seven years of imprisonment for FICN trafficking. On release from prison, he resumed the illegal business.</p>
<p>The National Investigation Agency (NIA) filed a charge sheet against four accused in connection with Fake Indian Currency Note (FICN) having a face value of over Rs 6 lakhs in Rs 2000 notes on August 8 reported in Madanayakanahally.</p>.<p>The charge sheet was filed against M G Raju from Devanahalli, Gangadhar Ramappa Kolkar, a resident of Bagalkote, Vanitha J from Ramachandrapuram and Mohammed Sajjad Ali from West Bengal before the NIA Special Court.</p>.<p>During the investigation, it was found that the accused and their associates based in Karnataka as well as in West Bengal hatched a conspiracy to de-stabilise the monetary stability of the country by circulating FICN as genuine Indian currency notes in the local markets of Bengaluru and other parts of Karnataka. They were actively involved in procuring, trafficking, supplying and circulation of huge quantities of such notes in high-denomination.</p>.<p>Ali was a courier and as part of the conspiracy, he brought huge quantities of FICN from Malda to Bengaluru. Raju and Gangadhar are known FICN racketeers and have been involved in such cases earlier as well. Further, Raju was convicted in Amruthahalli PS case and awarded seven years of imprisonment for FICN trafficking. On release from prison, he resumed the illegal business.</p>