Fake currency racket busted in Delhi, 2 arrested

Based on inputs that the FICN syndicate would turn up at Adarsh Mohalla in Maujpur in Delhi to circulate the fake notes, a team of officers from the Special Team of Crime Branch was constituted to nab the accused.

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In Short

  • Crime Branch busted a fake currency racket in Delhi.
  • The money was routed through Malda in West Bengal.
  • 2 people were arrested.

Two people were arrested after the Crime Branch busted a Fake Indian Currency Note (FICN) racket and recovered notes amounting to Rs 2 lakh routed through Malda in West Bengal.

Delhi-based kingpin Vikas Kumar Kashyap and his associate Rohit Kumar Saxena were arrested after Special Team of Crime Branch busted the racket and recovered 400 notes in denominations of Rs 500 from the duo.

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OPERATION

Based on inputs that the FICN syndicate would turn up at Adarsh Mohalla in Maujpur in Delhi to circulate the fake notes, a team of officers from the Special Team of Crime Branch was constituted to nab the accused.

The team reached the spot as decoy customers with numbered notes of Rs 2000 to strike a deal with the racketeers. On getting the signal from the decoy customers, officials nabbbed the accused and recovered Rs 2 lakhs in denominations of Rs 500 (400 notes) along with numbered notes of Rs 2,000.

INTERROGATION

During the interrogation, accused Vikas Kumar Kashyap revealed that while he was in jail in connection with an auto-lifting case in 2015, he came across Prem Chand from Motihari in Bihar, who in turn was arrested in an FICN case. After his release from jail, Kashyap began working in a factory. However, due to financial crisis, he met Prem Chand who introduced him to the mastermind of this syndicate, Mohammad Zafar and Mohammad Abutala aka Mehmood residing in Malda.

Initially, he would circulate the fake notes worth Rs 20,000 in Delhi and NCR region during the weekly markets. Mehmood taught Kashyap how to circulate the fake currency notes and warned him not to use the same at petrol pumps, shopping malls or places where CCTV cameras were installed.

Moreover, after Prem's arrest, Zafar and Mehmood offered Kashyap to take over the racket in Delhi and nCR region. Kashyap then roped in his friend, Rohit Kumar Saxena.

Rohit told his interrogators that Zafar and Mehmood would procure fake currency from Bangladesh as well.

A case against the accused has been registed in the Crime Branch.

RAIDS CONDUCTED IN MALDA

Police are on the look out for Zafar and Mehmoob who are now absconding. Efforts are also in progress to trace the remaining others involved in circulating the fake notes in Delhi and other parts of the country.