The Special Cell has busted an organised syndicate pumping fake currency into the capital a day after a mint was busted. Notes of the face value of Rs 3 lakh have been seized and two syndicate members arrested.
These notes had been smuggled into India from Pakistan via Bangladesh and police seized three cellphone handsets with SIM cards. The arrested were identified as Neetu alias Radha (34) from Ghaziabad and Salim Sheikh (23) from Malda, West Bengal.
Cops suspect the proceeds of fake currency sales contribute to the proliferation of sophisticated weapons in the country through Bangladesh. They also suspect that these are used to fund terror outfits as well.