NIA arrested three men at Aluru in Madanayakanahalli, Bengaluru on the outskirts of the city and seized Fake Indian Currency Notes (FICN) of face value of around Rs 7 lakh from their possession.
The arrested are M G Raju, a resident of Vijayapura in Devanahalli, Gangadhar Kolkar of Mudhol in Bagalkot district, and Sajjad Ali of Malda district in West Bengal. “Acting on a credible information that a deal in FICN is likely to take place in Aluru, the NIA team along with the local police conducted a raid at BDA Layout in Aluru and intercepted the three persons. They were found in possession of 217 FICN, all in denomination of `2,000 with the face value of `4.34 lakh,” the NIA said.
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“During further follow-up searches on Wednesday, FICNs of the face value of `2.5 lakh was seized from the possession of a woman, who is a resident of Sriramapura in Bengaluru. The total FICN seized in this operation is around `7 lakh,” it added.
“The seized notes are similar to genuine Indian `2,000 notes and it is difficult for a common man to differentiate whether the notes are counterfeit or genuine. It is suspected that the counterfeit notes have been printed and smuggled from across the border,” the release added. A First Information Report is registered in Madanayakanahalli police station in this connection.
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