NIA to look into fake currency notes case

The case related to counterfeit currency racket is likely to be handed over to the National Investigation Agency (NIA). The fake currency racket has spread its tentacles in many Southern states and may have international links to crime syndicates and terrorists.

Eight youths from Malda district who were arrested due to their involvement in the racket told the police that they were just distributing fake notes of Pakistani origin made available in Malda West Bengal. Fake notes of the value of Rs 2.19 lakh were seized from them, the police reported.

An official heading the NIA team rushed to interrogate the youths for more than six hours as the investigators suspect that they might have terror links. The team has taken their transaction and call details.

As the case has international crime links the Kerala state police won’t be able to handle the case further and the case has been taken over by NIA. The NIA in the past has handled cases of counterfeit rackets operated from across the border in other States.

Besides this, other intelligence agencies including military intelligence are keeping a close watch on the case and contacted the rural police. The fake currency notes seized are in the denominations of Rs 1,000 and Rs 500.

Source: The Hindu