NIA busts Nepal-linked FICN racket; arrests kingpin from Delhi

New Delhi: The National Investigation Agency has busted a Fake Indian Currency Notes (FICN) racket having a network stretching from West Bengal to Nepal and arrested its kingpin from here.PTI) The National Investigation Agency has busted a Fake Indian Currency Notes (FICN) racket having a network stretching from West Bengal to Nepal and arrested its kingpin from here.

The NIA is investigating a case relating to recovery of high quality FICN of face value of nearly Rs six lakh from an accused named Afroz Ansari in June this year from Motihari in Bihar.NIA is investigating a case relating to recovery of high quality FICN of face value of nearly Rs six lakh from an accused named Afroz Ansari in June this year from Motihari in Bihar.

Based on Ansari's disclosures two more accused persons namely Sunny Kumar alias Kabir Khan resident of Nawada, Bihar and Ishraful Alam resident of Malda, West Bengal were arrested in the case, a press release issued today by the NIA said.

During further investigation, Alomgir Sheikh alias Raju resident of Malda, West Bengal, a prominent supplier of the consignments of FICN was also arrested from Bihar's Bettiah area. The NIA officials have recovered FICN having face value of Rs three lakh, it said.

"He disclosed that the consignment was meant for one Munna Singh of Bettiah, Bihar, who after receipt further circulates/supplies the same to his associates in Delhi .

"He further disclosed that Munna Singh is a prominent racketeer who used to receive consignments of FICN from various sources and has a big network stretching from West Bengal to Nepal to Delhi," the release said.

On Friday, accused Munna Singh, who was evading arrest since long, was arrested from his hide-out in Neb Sarai, New Delhi on the basis of surveillance mounted and a recovery of Rs 90,000 genuine Indian Currency (proceeds of FICN dealings) was made from him, it said.

Singh was produced in a court from where he was sent on transit remand for production in the NIA special court, Patna.