Pakistan-based counterfeiters circulating fake Rs 2,000 notes in India via Bangladesh border

Pakistan-based counterfeiters have manufactured fake Rs 2,000 notes, which are being pushed by smugglers through the India-Bangladesh border, reports The Indian Express.

The report comes days after the seizures and arrests made by the National Investigation Agency (NIA) and Border Security Force (BSF).

Representational image

Representational image

One man was arrested on 8 February with 40 fake Indian currency notes of the newly introduced Rs 2,000 denomination in Murshidabad district of West Bengal. The counterfeit notes, of face value Rs 80,000, were seized from Azizur Rahman, a resident of Baishnabnagar in Malda district.

"Acting on a tip-off, the Islampur police station personnel carried out a raid and arrested Azizur Rahman from his residence," Murshidabad Police Superintendent Mukesh Kumar said. "Forty counterfeit notes of the newly introduced Rs 2,000 denomination currency notes were seized from him," Kumar added.

According to The Indian Express report, a study by investigators and experts of the seized notes revealed that at least 11 of the 17 security features in the new Rs 2,000 notes had been replicated.

Meanwhile, an RTI query has revealed that the Reserve Bank of India has no confirmed data of the number or value of fake currencies detected since the demonetisation of Rs 500 and Rs 1,000 notes.

With inputs from agencies.

Updated Date: Feb 13, 2017 10:19 AM

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