NIA Raids Uncover Extensive Fake Currency Network: FICN,Printing Equipment & Digital Gadgets Seized In Four States

Pramesh S Jain & Dr.Thomas (Special Correspondent)

The National Investigation Agency (NIA) on Saturday busted a fake currency racket and seized fake notes, currency printing paper,printer and digital gadgets following raids across four states including in Bellary .

The raids were conducted as part of the NIA investigation in a case registered on November,24, 2023 .

The case relates to a larger conspiracy hatched by suspected individuals for trafficking of FICN across the borders and for promoting its circulation across various states of India.

Based on credible information,NIA teams cracked down at the premises of accused Rahul Tanaji Patil alias Javed in Kohlapur district of Maharashtra,Vivek Thakura alias Aditya Singh in Shahjahanpur district of Uttar Pradesh,Mahendar in Ballari district of Karnataka, and suspects Shiva Patil Bhimrav in Yavatmal district of Maharashtra and Shashi Bhushan in Rohtas district of Bihar.

The searches led to the seizure of fake currency notes worth Rs.6,600 in Rs.500 denomination .

Rs.200 and 100 denomination along with currency printing papers,from the house of Vivek Thakur Aditya Singh. He along with Shiva Patil Bhimrav and others, used to procure fake currency and its printing accessories from the bordering countries and circulate across India through his associates .

NIA investigations further revealed that Rahul Tanaji Patil alias Javed was using fraudulently obtained SIM cards to take payments by promising to supply fake currency notes.

The search at Mahender’s house led to the seizure of a printer meant to be used for fake currency .