Two get 10 years rigorous imprisonment for running fake currency racket in Karnataka
New Delhi, Jun 26: A special NIA court in Vijayawada has sentenced two people to 10 years rigorous imprisonment for running a fake Indian currency note (FICN) racket in Karnataka and nearby locations, a senior official said.
The court also imposed a fine of Rs 30,000 each on Mohammed Mahaboob Baig, a resident of Mandya district in Karnataka, and Syed Imran from the same district.
The two were intercepted and arrested in April last year by the Directorate of Revenue Intelligence (DRI) from the Visakhapatnam railway station with FICN of face value at Rs 10.20 lakh.
The two have been sentenced to 10 years rigorous imprisonment, the National Investigation Agency (NIA) official said, adding that they have been charged under sections 489 (tampering with property mark with intent to cause injury) and 120B (criminal conspiracy) of the Indian Penal Code.
The NIA had filed its own case against the two based on the DRI's complaint, he said.
"It was found that the accused, along with their associates, hatched a criminal conspiracy for procuring and circulating FICN in India," an NIA spokesperson said.
"Investigation has also revealed that the two and their associates in Bengaluru and Malda (West Bengal) were active in trafficking huge quantities of FICN since 2015 and had visited Malda on many occasions and received the FICN from their associates based there," he said.
Probe found that the FICN was procured from Bangladesh via the international border between the two countries in West Bengal and was being circulated in Karnataka and other parts of the country, the spokesperson said.
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Drug peddler's property worth Rs 1 crore attached in Srinagar
Srinagar (PTI): Property worth Rs 1 crore belonging to a notorious drug peddler was on Saturday attached in Jammu and Kashmir's Srinagar, police said.
A double-storey house on eight marlas of land situated at Wantpora Eidgah, belonging to Basit Bilal Dar, a notorious drug peddler, valued at approximately Rs 1 crore, a police spokesperson said.
He said Dar is involved in two cases registered under various sections of the NDPS Act.
During investigation, it was established that the accused had acquired the said property through illicit proceeds generated from drug trafficking activities, the spokesperson said.
Consequently, the property was attached under the provisions of the NDPS Act. The attachment proceedings were conducted in the presence of the two independent witnesses, strictly in accordance with the prescribed legal procedures, he said.
As per the attachment order, the owner has been restrained from selling, leasing, transferring, altering, or creating any third-party interest in the property till further orders, the spokesperson added.
