LUCKNOW: Two days after the Mathura Government Railway Police (GRP) in a joint operation with Varanasi police busted a gang involved in importing fake currency paper sheets from China that were used in printing counterfeit Indian currency notes in the country, the prime suspect of the racket was arrested on Sunday.
The accused was identified as Raunak Singh alias Mukesh (33), hailing from Chaubepur, Varanasi, but was living on rent in Shrinagar colony under the Sarnath police station. “The prime suspect was nabbed when he was printing counterfeit currency notes in his rented accommodation,” said senior superintendent of police, Agra division, Mohammad Mustaque.
The SSP said, “The accused had done a diploma course in printing and had experience of working in several printing presses. He had invested money in a private firm after obtaining a loan. But he lost the money and in order to earn a quick buck to repay the loan, Raunak came in touch with a Malda based fake currency notes racket operated by one Brajesh Maurya, a history-sheeter.” Brajesh’s counterfeit currency notes’ network is spread to Mumbai, Delhi, Haryana, Bihar and UP.
“During interrogation, Raunak claimed that Brajesh and his aides guided him in printing fake currency notes. They told him about the equipment required to print the currency notes and also about a Chinese firm Guangzhou Bangerui Technology Company Limited which supplied fake currency paper sheets with security features of Indian currency notes, including the silver strip (thread) and watermark of RBI. The gang used to place online orders. Bundles of fake currency paper sheets were brought via courier in India,” said the SSP.
He added, “In case the delivery of bundles was delayed from China, the gang tried to print security features of the Indian currency notes, but their product was always of poor quality. Raunak met Kaleem-Ullah-Qazi (37) and Mohammad Taqim (26) with the help of Brajesh. Both Kaleem and Taqim were arrested by the GRP Mathura two days back. The duo used to supply fake currency paper sheets imported from China and cash to Raunak who in return gave them counterfeit Indian currency.”
Raunak was involved in the fake currency racket for several years, the GRP added.

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