Man held for procuring fake currency in West Bengal

Officials said that Tahir Sheikh had been on the run since allegedly procuring fake currency worth about Rs 65 lakh.

By: Express News Service | Kolkata | Published:November 19, 2016 4:14 am

The National Investigation Agency (NIA) has arrested a man from West Bengal’s Malda district for his alleged involvement in a fake currency racket. Officials said that Tahir Sheikh had been on the run since allegedly procuring fake currency worth about Rs 65 lakh, which was channeled through the India-Bangladesh border at Malda’s Daulatpur in May last year.

An NIA statement said that a BSF team intercepted the accused along the border on Friday last. “Earlier, investigation into the case revealed that the arrested accused person was a member of the FICN (fake Indian currency network) involved in the transnational procurement of high quality FICNs through smuggling and distribution and pumping the same into the Indian economy,” the statement said.

A Kolkata court had issued a non-bailable warrant against Sheikh, who has been sent in police remand till Saturday.