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40-year-old held with fake currency worth Rs 5 lakh at Mumbai Central

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Express news service

Posted: Feb 07, 2008 at 0253 hrs IST

Mumbai, February 6 The Government Railway Police arrested a 40-year-old man with fake currency worth Rs 5 lakh on Monday at Mumbai Central railway station while he was waiting for a train to Ahmedabad.

According to the GRP, Rameshwar Sabu was arrested from the platform for long-distance trains after fake currency was recovered from his bag during checking.

“He was going to sell these notes in Ahmedabad and had a current ticket for any Ahmedabad-bound train,” said B Rane, senior police inspector with the GRP at Mumbai Central. According to Rane, Sabu, a resident of Dhanbad in Jharkhand, has been involved in the illegal trade of fake currency for the past six months and first came to Mumbai around five months back. In Dhanbad, he used to sell pens and other stationery items, he said.

When asked about the origin of the fake currency, Rane said: “We cannot reveal it. But Sabu is one of the distributors who purchases the notes from this agency. We are also investigating as to how Sabu got into this business.”

Rane said: “We are investigating the entire nexus, the other cities covered by it and the number of channels through which these notes pass.”

According to Rane, the police suspect the involvement of more people in the illegal trade. “Sabu has already sold fake currency at three to four places. We cannot reveal anything more than that as of now,” Rane said. Sabu was produced before the magistrate, who remanded him in police custody till February 18.

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