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May 27, 2007 
Three Arrested in Delhi
with Fake Currency Notes

New Delhi
Three people including a woman have been arrested after fake currency notes worth more than half a million rupees were found from their possession, Delhi Police said Sunday.

Police said they had been working as modules of a Pakistan-based gang involved in pumping counterfeit currency notes in India.

The trio, identified as 61-year-old Asghar Ali from Muzaffarnagar in Uttar Pradesh, his son Vakil Ahmed, 21, and Meena Bagum of Mustafabad in south Delhi, were arrested at the New Delhi Railway Station Saturday as they arrived from Mumbai with a consignment of fake currency notes in the denomination of Rs.500, totaling Rs.540,000.

Police said the father-son duo had paid a sum of Rs.350,000 to a person on May 23 in Delhi to get fake currency notes notionally worth Rs.600,000.

After they delivered the amount here, they were instructed to fly down to Mumbai along with a woman to get the consignment, police said, adding that the next day they had taken a morning Air Deccan flight to Mumbai, where they stayed at a lodge near the Victoria Terminus and were given the fake currency notes.

Police said that Ashgar, who ran a vegetable shop at Muzaffarnagar as a cover, was engaged in the racket of distributing counterfeit currency notes at the local level. His ambition to make quick bucks through this racket took him to Lahore in Pakistan repeatedly.

In last four months, he had visited Lahore twice, meeting fake currency racketeer Iqbal alias Kana. 

IANS | May 27, 2007  

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