Fake Indian currency worth Rs 4.759 seized in Nepal

A Thai national and a Nepalese were arrested with fake Indian currency with the face value of Rs 4.579 million.

Last Updated: Apr 19, 2011, 21:06 PM IST

Kathmandu: A Thai national and a
Nepalese were arrested with fake Indian currency with the face
value of Rs 4.579 million, police said Tuesday.

The police have arrested Thai national Anuwad Sahid
and his Nepalese accomplice Ishwor Prasad Shah for possessing
the fake Indian currency notes with Rs. 500 and Rs. 1,000
denominations yesterday, according to Kathmandu police.

The police claimed to have busted one of the major
fake currency rackets in Kathmandu ahead of the visit of
Indian External Affairs Minister S M Krishna to Kathmandu.

The fake bank notes were brought to Kathmandu on
board a Thai Airlines flight by the Thai national, according
to the police.

While, Nepalese national Shah, a resident of Birgunj
in southern Nepal, is said to have ordered the fake bank notes
with a view to sending them to India.

The police have seized fake 1,000 bank notes with
denomination of Rs.1,000 and 7,158 fake bank notes with
denomination of Rs.500, from the hotel room while carrying out
a raid on the basis of a tip off, according to a press release
issued by the police. The total face value of the fake Indian
currency was Rs 4.579 million.

The fake bank notes were hidden inside a suit case
under a false bottom. The police have also recovered a Honda
Shine motorbike and four Nepali mobile sim cards from Room
No.565 of the Hotel Gyangjong situated at Lazimpat of
Kathmandu where the Thai national was residing for some time.

During an interrogation Thai national Sahid has
admitted that he had arrived in Kathmandu four times in the
past in connection with the fake currency racket. This was
probably for the first time that a Thai national was arrested
in connection with fake Indian currency racket.

Krishna, who is scheduled to arrive in Kathmandu on
Wednesday is likely to take up among other things issues
relating to the fake currency racket during his bilateral
talks with the Nepalese officials In Kathmandu.

Earlier, fake currency notes were brought from
Pakistan, but this time it was brought from Thailand, probably
changing the traditional route with a view to sneaking the
eyes of the police.