Mumbai: A special NIA court in Mumbai on Thursday sentenced the second accused in the 2019 Mumbra fake currency case to over five years of rigorous imprisonment, after he pleaded guilty to possessing and circulating counterfeit Indian currency.
Second Conviction In 2019 Mumbra FICN Case
The accused, Jasim alias Wasim Salim Shaikh, was handed 5 years, 7 months, and 10 days of rigorous imprisonment, along with a fine of Rs 10,000. He was arrested in 2019 after fake Indian currency notes (FICNs) with a face value of Rs 82,000 in Rs 500 denominations were recovered during a house search conducted by Mumbra police.
This is the second conviction in the case. In May this year, co-accused Ishak Khan was sentenced to five years’ rigorous imprisonment and fined Rs 10,000. The third accused, Radhakrishna Addappa, is currently facing trial.
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According to the NIA, Jasim had received the counterfeit notes from Addappa outside a Karnataka State Road Transport Corporation (KSRTC) bus stand in Gauribidanur, Chikkaballapura district, Karnataka. Addappa had reportedly delivered the notes on Khan’s instructions. At the time, Khan was lodged in a Kolkata jail in connection with another case.
The case was initially investigated by Mumbra police, who filed a chargesheet against Jasim and Addappa in August 2019. The National Investigation Agency (NIA) later took over the probe and arrested Khan.
NIA Links Accused To Interstate Currency Network
In January 2020, the NIA filed a supplementary chargesheet against all three accused, outlining a coordinated effort to circulate counterfeit currency across state borders. The agency also recovered substantial documentary and digital evidence linking the trio to the illegal currency network.
The agency said the seizure and convictions are part of efforts to curb the circulation of high-quality fake currency, which poses a threat to the country’s financial system and internal security.
