New Delhi: Two tailors were arrested in
the national capital allegedly with fake currency with a face
value of Rs 2 lakh procured from Nepal, police said on Tuesday.
Kausar Ali (32) and Bhola Kumar, both residing in
Khyala in Delhi, were apprehended yesterday by a team of
Delhi Police`s Crime Branch on a tip-off, a senior police
"Ali belongs to Champaran in Bihar while Kumar is from
Motihari in the same state. They used to go to Nepal to
procure fake currency in instalments," the official said.
Both work as tailors in the capital.
According to the official, 1,000 fake notes with Rs
1,000 denomination and 2,000 fake notes with Rs 500
denomination were recovered from them.
A case has been registered and further investigations
On March 6, Delhi Police had arrested three youths,
including one who "worked" as a communication expert with
Hizbul Mujahiddin, for allegedly possessing counterfeit notes
with a face value of Rs 10 lakh.
Mohd Yunus (32), who allegedly has links with Hizb,
Sirajuddin (26) and a graphic designer Mohd Asif (26) were
apprehended from near Khan Market.
According to reports, the government has pegged that
fake currency with a face value of Rs 16,000 crore is
circulating in the country.
The 2011 International Narcotics Control Strategy
Report of the US State Department has said that India faces an
increasing inflow of counterfeit currency, produced primarily
in Pakistan, and terrorist and criminal networks use this
money to finance their activities in the country.