Particle.news

Download on the App Store

Delhi Special Cell Busts Counterfeit Currency Ring, Arrests Key Operative

Investigators say the syndicate smuggled high-quality Rs500 counterfeit notes via the Bangladesh border to bankroll arms acquisitions.

Special Cell Busts Racket Involved In Circulation Of Fake Currency Notes, Seizes FICN Worth Rs 4 Lakh | Image: Republic

Overview

  • Naushad Alam, 22, was detained on May 8 at Delhi’s Vijay Ghat bus stand while transporting a major consignment of ke InIndian Currency Notes.
  • Police seized Rs 4 lakh in counterfeit Rs500 notes and registered a case under the Bharatiya Nyaya Sanhita at the Special Cell station.
  • Alam admitted procuring each fake note for Rs200 from a Bangladesh-linked source and reselling it at Rs300 for significant profit.
  • Surveillance revealed the syndicate had circulated four to five consignments across Bihar and the Delhi-NCR region before the arrest.
  • Investigators are probing connections to operatives in Malda, West Bengal, amid suspicions that proceeds are funding sophisticated weapons purchases.