Woman arrested with Rs.18 lakhs counterfeit currencyMarch 19th, 2009 - 8:52 pm ICT by IANS
New Delhi, March 19 (IANS) Delhi Police said they have cracked a fake currency racket with the arrest of a young woman in possession of counterfeit currency with the nominal value of Rs.18 lakhs (Rs.1.8 million).
A special cell in north-east Delhi arrested 24-year-old Rizwana March 14 after a probe into a specific tip off abour her alleged involvement, police officials said.
The arrest came after a deal was struck for fake notes worth Rs.50,000 in exchange for Rs.25,000 of genuine currency and a decoy customer was sent to her residence. A raid resulted in the recovery of the fake notes.
Police officials also said that they suspect the involvement of Pakistan’s Inter State Intelligence (ISI) in the racket since the accused’s brother-in-law is a Pakistani national and is allegedly involved in the circulation of counterfeit notes in India.
A hunt is on to nab other members of the gang.