Maha: DRI seize Indian fake currency worth Rs 18.75 lakhs, 1 arrested

Maha: DRI seize Indian fake currency worth Rs 18.75 lakhs, 1 arrested

The accused person identified as Lalu Khan (38) was arrested on January 13.

ANIUpdated: Thursday, January 16, 2020, 11:25 AM IST
article-image

Nagpur: The Nagpur Directorate of Revenue Intelligence (DRI) apprehended a person and seized Fake Indian Currency Notes (FICN) which was being smuggled from Bangladesh with a face value of Rs. 18.75 lakhs.

The accused person identified as Lalu Khan (38) was arrested on January 13. The seized currency include 386 notes of Rs. 2000 and 1191 notes of Rs. 500.

According to the Indian law, possessing fake notes is a punishable offence under Section 11 of the Customs Act, 1962 read with Section 135 of the Customs Act.

DRI is spearheading to eradicate cross border smuggling of FICN. Further, the investigation is underway.

RECENT STORIES

Massive Fire Engulfs Durian Furniture Factory In Palghar, No Casualties Reported
Massive Fire Engulfs Durian Furniture Factory In Palghar, No Casualties Reported
Minor Allegedly Drives Mercedes Into Coastal Road Tunnel, Woman Seriously Injured
Minor Allegedly Drives Mercedes Into Coastal Road Tunnel, Woman Seriously Injured
Mumbai Tea Stall Worker Brutally Murdered In Dadar; Police Launch Probe
Mumbai Tea Stall Worker Brutally Murdered In Dadar; Police Launch Probe
Mumbai Police Constable Fatally Injured By Speeding Car On Eastern Freeway
Mumbai Police Constable Fatally Injured By Speeding Car On Eastern Freeway
Fire Breaks Out In Residential Building Near Mumbai Central ST Depot, No Injuries Reported
Fire Breaks Out In Residential Building Near Mumbai Central ST Depot, No Injuries Reported