Zeenews Bureau
New Delhi/Patiala: Busting a huge racket of fake currency in the country, police have recovered currency with a face value of Rs 1,20,000 from two persons in Patiala.
The two, including a woman, were travelling in a tempo near Devigarh and tried to flee when they saw the police yesterday.
However they were caught and four packets of counterfeit notes of Rs 100 and Rs 500 denominations recovered from them, SP (city) R K Sharma said.
The accused have been identified as Parminder Singh and Sukhwinder Kaur, both residents of Ludhiana.
This recovery is a small part of a huge racket operating in the country, police told Zee News.
Pakistan is sending these fake currency notes as a part of a conspiracy to weaken Indian economy.
According to sources, any militant coming from across the border has been given at least Rs 5 lakh worth of fake currency. This fake currency is used by them to buy various items for their use and this way the notes can easily be put into circulation.
Earlier terrorists used to send fake currency in bulk, so it was not difficult for security agencies to nab them. But this changed strategy of sending notes in small amounts has put a lot of pressure on the security agencies.
According to the reports of National Crime Record Bureau, this year police have nabbed almost Rs 14 crore worth of fake currency. This is a massive increase from Rs 8 crore in 2007.
This racket first came into light when the cashier of a bank in Dumariyaganj, Uttar Pradesh, Sudhakar Tripathi was held for changing fake currency to real ones.
In only one year, Sudhakar Tripathi put Rs 4.5 crore into circulation in a small place like Dumariyaganj.
The terrorists are not only using the conventional routes of Nepal, Pakistan and Bangladesh but are also using unsuspected countries like Singapore, Kualalumpur, Sri Lanka, Bangkok and Dubai to smuggle fake currency into the country.
The most shocking thing is that apart from terrorists, even common people are being used to smuggle fake currency into India. One such case was of a woman who was arrested a few months back from Chandigarh with fake currency.
