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‘Near-perfect’ fake Rs 2,000 notes with face value of Rs 8.6 lakh seized

BENGALURU: High-quality counterfeit notes with a Face value of Rs 8.58 lakh, suspected to have originated from Pakistan, were intercepted by intelligence agencies in simultaneous raids conducted in Mumbai and Sidlaghatta, about 60km from Bengaluru.

The Rs 2,000 notes bore all the Security features of the original, barring one. Investigators told TOI it would have been impossible to trace them if they had entered circulation.

“These aren’t notes printed using colour printers that are easy to recognise. Barring the security thread, which must turn blue or violet if held in a particular position, the notes matched all other security features,” an official of the Directorate of Revenue Intelligence (DRI) said.

Of the total seizure, notes with a face value of Rs 8 lakh were recovered in Mumbai alone. “We have arrested two people from Sidlaghatta, who will be produced in court.

The investigation is still on and we are on the lookout for more fake currency from the gang,” the official said, adding that the two people arrested in Karnataka had connections with the suspects from Mumbai.

DRI sources, however, did not reveal the names of those arrested in Karnataka or immediately confirm the number of arrests in Mumbai.

Another official said the notes had entered India through Bangladesh, and may have reached Bangladesh from Pakistan via Nepal. The fact that the seized notes had almost all the security features indicates flaws in the new notes.

According to the Union ministry of home affairs data, Rs 2,000 notes with a face value of Rs 2.2 crore were seized till July 14 — most of them from Mizoram and Karnataka.

Source : timesofindia

This post first appeared on Daily Kiran, please read the originial post: here

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‘Near-perfect’ fake Rs 2,000 notes with face value of Rs 8.6 lakh seized


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