Saturday, February 20, 2010

Fake currency found in RBI store

JAIPUR: The Reserve Bank of India (RBI)'s Jaipur branch, on Wednesday, lodged an FIR with Gandhi Nagar police when the authorities found fake currency worth Rs 1.73 lakh during a routine inspection of currency notes done every six months.
According to the police, the RBI makes routine checks of the currency which is stored by the agency in an interval of six months. "They found fake currency worth Rs 1.73 lakh and handed it over to the police," said Kushal Singh, incharge of Gandhi Nagar police station. The police have registered a case and investigation is going on.
The police said recovery of fake currency worth lakhs of rupees has become a regular feature. Despite this, the probes have failed to yield results.
The police suspect these currency notes might have been circulated in the city banks after being smuggled into the Indian territory from Pakistan or Nepal. The SOG had busted a gang in Nepal a few months ago in which the cops had nabbed some locals involved in the racket.

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