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Additional Commissioner of Police (STF) Rajiv Kumar said the four persons — Upendra Chowdhury, Kumar Guatam, Naushad Khan and Zafar Ali Miyan — were arrested following a specific tip-off that the group was shopping in the New Market area with the fake currency. The STF team picked them from 6, Chowringee Lane where they purchased commodities worth Rs 1 lakh.
“We seized Rs 47.18 lakh of fake notes from the group. Chowdhury, a resident of Nepal is the kingpin. He has several cases against him in the country. He used to bring fake note consignments from Pakistan to Nepal via Bangkok or Malayasia. This time also they used the Nepal-India border to sneak into the country,” said Kumar.
According to STF sources, Chowdhury was a prominent agent of ISI in Nepal who has been assigned the job of pushing fake currency notes to India. He is a close associate of Yunus Ansari, the main operative of ISI and underworld don Dawood in Nepal. Yunus is the son of former Nepalese land reforms and management minister, Salim Miya Ansari.
“We have started investigating into the matter. Chowdhury is wanted in the country in several cases. Moreover, he is a key person of Yunus Ansari,” added Kumar.
A senior STF official said Yunus was arrested by Nepal Police in January, 2010 after the CBI wrote to them seeking support in arresting and investigating Yunus. Two Nepalese nationals, who were arrested with fake Indian currency notes in Madhya Pradesh, a few months ago, had mentioned Yunus as the main person behind fake currency deals in Nepal and India.
“We are concerned about the advanced quality of the fake currency notes. They have made them of such a good quality that it is very tough to distinguish between fake and original currency notes,” said Kumar.
“This type of high quality fake notes and that too in a large quantity cannot be produced without the help of ISI and LeT. We are probing,” added Kumar.


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There is only one solution to this problem.....anyone found with fake Indian currency of value more than Rs. 5000/- or so should be awarded the death penalty or at the very least hard labour for life. But the authorities are not interested in this, possibly because there are Indians themselves involved in this sordid racket, with links to powerful politicians. The fact that evil Pakistan also prints fake Indian currency obviously helps these Indian fraudsters-blame everything on Pakistan. I am sure at least 50% or more of the fake Indian currency racket is in Indian hands.Remember the Telgi affair? A small time criminal from an obscure village in Karanataka who made it big in the fake stamps business? My foot, it could not occur without big time backers!