Counter feit currency racket smashed

By Our Staff Reporter

NEW DELHI, SEPT. 28. An international racket of counterfeit Indian currency notes, which has till date circulated fake currency worth about Rs 25 lakhs, has been detected by the Special Cell of the Delhi police with the arrest of five persons.

The Deputy Commissioner of Police, Mr Ashok Chand, said on a specific information Lalit Garg was apprehended when he reached Karol Bagh for circulating counterfeit currency notes. Four fake notes of Rs 500 denomination were recovered from his possession.

During interrogation, Garg disclosed that he was a petty businessman who dealt in cattle feed and had a shop in Gud Mandi at Adarsh Nagar. He said that along with his associates, Sanjay and Neeraj, he was working for Anil Jain, who used to bring in the fake currency from Nepal and coordinated the entire operation.

Subsequently, the police nabbed Sanjay and Neeraj from Connaught Place on September 23 and recovered fake currency worth Rs 8,000 from their possession. The duo, it was revealed, were partners in sale and purchase of vehicles and had a shop in Adarsh Nagar.

At their instance, Anil Jain was arrested from Hari Nagar and counterfeit notes worth Rs 5,000 were found on him. Jain disclosed that he had a scrap business in Mayapuri and also a readymade garments shop in Kathmandu. He told the police about the involvement of another person, Dinesh Garg, in the distribution of fake currency. Thereafter Dinesh Garg was also arrested from Nangloi Mandi on September 26.

It was revealed that Anil Jain was the mastermind behind the counterfeit currency racket and used to procure the fake notes from Adishwar Jain in Kathmandu. Adishwar, in turn, used to get the supply from Salim in Pakistan.

Narrating the modus operandi, the police said Sanjay and Neeraj used to hire a Tata Sumo from Delhi for going to Nepal. On reaching Kathmandu they used to check into a hotel, where a room would be booked in advance.

Anil Jain used to meet the two in Kathmandu and hand over packets of counterfeit currency to Sanjay and Neeraj which would then be brought to Delhi by the duo through Gorakhpur concealed in the cavities of the doors of the Tata Sumo, while Anil used to fly back to Delhi.

On reaching Delhi, all the accused used to meet at Anil's house where the packets used to be taken out and given to Dinesh Kumar Garg, who used to put them into circulation by mixing them with original notes while making payments to different parties.

Stating that the culprits had made about eight such trips, the police claimed that in each trip they used to bring in fake currency worth about Rs 3.5 lakhs. While the bulk of the profit was pocketed by Anil Jain and Dinesh Garg, Neeraj and Sanjay used to get about Rs 20,000 for each trip as also the actual expenses incurred in going to and staying in Kathmandu.

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