RAIPUR, Dec 28: Chhattisgarh Police has recovered fake currency with a face value of Rs 40.26 lakh in the past five years with the maximum seizures coming from the northern belt of the naxal-affected state, a top police officer said today.
“We have seized counterfeit notes with a face value of Rs 40,26,480 in the past five years in 305 cases,” P N Tiwari, Inspector General of CID, told today.
The maximum seizures have taken place from the four districts of Raigarh, Sarguja, Mahasamund, and Janjgir-Champa while suppliers were also caught in Raipur and Bilaspur districts, which have a thick density of banks, Tiwari said.
Though police have denied a nexus between fake currency carriers and ultras, according to sources in the department, Intelligence Bureau reports have suggested the possibility of fake currency circulation among terror groups.
Police have also ruled out the printing of fake notes in the state and maintain that most of the amount is being pumped in from West Bengal’s Malda and Murshidabad areas.
While 2008 topped the list after counterfeit notes with a face value of Rs 13,91,500 were seized in 69 cases, year 2010 saw least recovery in the past five years with a face value of Rs 2,52,060 in 57 cases.
According to Chhattisgarh police statistics, 2009 witnessed the second highest seizure amount (with a face value of Rs 11,14,820 in 67 cases) followed by 2012 (fake notes with face value of Rs 7,87,00 in 49 cases till November) and 2011 (with face value of Rs 4,80,300 in 43 cases).
The major haul this year was at Raipur with fake currency notes with the face value of Rs 2,35,600 being recovered.
So far, 229 people including two women have been arrested in 305 cases, and 154 cases have been disposed of, IG said.
An analysis shows that Rs 500 denomination appears to be the favourite among counterfeiters as it was the most seized currency note in the past five years.
Police figures show that seized currency in the past
five years comprised 9,484 notes of Rs 500 denomination, 9,426 notes of Rs 100 and 2,330 counterfeit notes of Rs 1,000 denomination.
For Rs 50 denomination, the number was 736, for Rs 20 it was 72 while 12 counterfeit notes of Rs 10 denomination were recovered during the period. (PTI)
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