Delhi Police seize Rs 6 lakh in fake Rs 100 notes from gang with ‘ISI links’

Delhi police special cell on Friday arrested two persons, reportedly associated with the ISI and seized Rs 6 lakh in fake Rs 100 notes that they were allegedly trying to funnel into India from Nepal.

Delhi Police special cell on Friday arrested two persons, reportedly associated with the ISI and seized Rs 6 lakh in fake Rs 100 notes that they were allegedly trying to funnel into India from Nepal.

Delhi Police seized the fake notes from a gang allegedly associated with ISI. (HT File Photo)

According to sources the consignment worth Rs 6 lakh of FICN (fake Indian currency notes) was smuggled from Nepal to India. Sources said that earlier Malda route was used to pump in FICN of Rs 2,000 denomination.

Police said that the Border Security Force and National Investigating Agency busted that module while the special cell of Delhi police made the seizure in the capital’s Sonia Vihar area. This is the first seizure of 100 rupee notes post demonetisation.

One of the main aims of demonetising high value bank notes was to stop fake currency being pumped into the economy. But a spate of seizures recently, including some of high denominations, indicate that counterfeiters do not seem to have been hit hard.

Last month, the Special Cell of Delhi Police arrested three men and claimed to have busted a fake currency printing racket. Counterfeit notes in the denomination of Rs 2,000 —with a total face value of Rs 18 lakh —were seized from them.