Vadodara: State vigilance seize fake dollars worth Rs 3.05 lakh, arrest one

The state vigilance team had received tip-off about a person trying to deliver fake dollar to a yet unknown customer at Vasad in Vadodara.

By: Express News Service | Vadodara | Published:December 6, 2014 3:14 pm

 

A person carrying fake American dollar currency notes having a face value of around Rs 3.05 lakh was nabbed by a team of state vigilance squad from Vadodara. The accused, Mahesh Parmar, was carrying fifty counterfeit notes each of $100 denomination hidden among 1,279 original dollar notes of $ 1 denomination each.

The notes were handed over to Parmar by one Wasila (his full name is yet not known) at Alang, a port town with world-know ship breaking facility in Bhavnagar district, police said. Police are looking out for Wasila, whose identity is not yet known other than the fact that he hails from Odissa.

The state vigilance team had received tip-off about a person trying to deliver fake dollar to a yet unknown customer at Vasad in Vadodara and nabbed Parma from near the newly-constructed central bus depot at Sayajigunj locality late Friday night.

A case was registered against him and “absconding” Wasila at Sayajigunj police station on Saturday under sections 489(B)(C) and 120(B) of the Indian Penal Code, for possessing counterfeit currency and for being party to a criminal conspiracy.

The original 1,279 dollars of $1 denomination each has a current face value of Rs 78,019. Parmar also carried Rs 510 in cash other than a mobile phone worth Rs 500.

The accused was being interrogated to know about the person to whom the notes were to be delivered. Police were also trying to find out the identity of the person Wasila whom Parmar met at Alang to receive the consignment. A number of fake notes recovered from Parmar were color photocopy of original notes and bore same serial number.

“The state monitoring cell had received a tip-off regarding the transaction of duplicate dollar in Vadodara which was to be delivered at Vasad locality. Based on information, the accused was nabbed with the notes even before he could deliver the consignment. Further investigation is on,” said Joint Commissioner of Police, Vadodara, DJ Patel.

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