Nepal police bust fake Indian currency racket, 4 arrested | world | Hindustan Times
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Nepal police bust fake Indian currency racket, 4 arrested

world Updated: Nov 09, 2009 13:10 IST
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Police has made a major fake Indian currency haul, arresting four persons including a woman married to a Pakistani national, just days after the issue figured prominently in high-level talks between Nepalese and Indian officials.

The haul with the face value of Rs 81 lakhs in fake Indian currency were recovered from two places in the capital in raids on Friday and Saturday. The notes were in denominations of Rs.1,000 and Rs.500.

On Saturday the police arrested Seikh Safi Ahamad, 52 and his son Said Kalam Ahmad, 18, from their rented room at Kopundol in Lalitpur district of Kathmandu, according to Police Inspector Toran Karki of District Police Office.

The police have seized fake paper notes worth Rs. 5,439,500 from their room hidden inside a suitcase making false bottom. The police have recovered notes of Rs.500 denomination worth Rs.1,588,000 and the rest of Rs.1,000 denomination from their room.

The two hail from Beluwa village of Bara district in southern Nepal. The police said that the two have been taken into judicial custody after they were presented before the Lalitpur Court and further investigations are going on.