Fake currency notes seized in Mizoram

August 18th, 2008 - 2:38 pm ICT by IANS  

Aizawl, Aug 18 (IANS) Paramilitary Assam Rifles troopers in a joint raid with the Mizoram police seized fake currency with the nominal value of Rs.737,000 and arrested one man, officials said here Monday. “Acting on a tip off, the counterfeit notes in Rs.500 denomination were recovered from Ginsuanpau here Sunday,” an Assam Rifles spokesman said.

Earlier in June, the Assam Rifles had recovered fake notes worth Rs.272,600 in Mizoram’s capital Aizawl.

The police in Mizoram and Tripura in November last year busted an international racket in fake Indian currency and arrested six people, including a Myanmar national and a local bank manager.

The six were arrested from Mamit district of Mizoram and North Tripura district, and fake (Indian) currency notes worth Rs.196,000 in Rs.100 denomination were recovered.

Nationalised banks and various other financial institutions in the Northeast India have taken a series of measures including installation of fake note detection machines to identify fake currencies.

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