Pune: The Pune court on Monday has extended additional police custody the military personal along with five others in Rs 87 crore fake currency racket. All six have been remanded to police custody till June 20 considering the fake notes. According to reports, they all had Mumbai and Hyderabad connection.
On June 10, Pune Police’s Crime Branch Unit 4 along with the inputs of Military Intelligence had worked jointly in an operation in which the racket of fake currency was busted. Police raided Sanjay Park area in Vimannagar area on Airport road and seized one toy pistol, fake currency of Rs 87 crores, Rs 2.90 lakh cash and also foreign currency.
Based on which an FIR was registered at Vimannagar police station by Sub-inspector Nileshkumar Mahadik under relevant sections of Indian Penal Code comprises sections 489A,489B,489C, 420 and 34. The investigation is led by Senior Inspector Anjum Bagwan.
Police had arrested Shaikh Alim Gulab Khan (36), JCD park Yerawada who is deployed as Naik at Bombay Sappers. Sunil Badrinarayan Sarda (40), Ritesh Ratnakar (34), Tufail Ahmed Mohd Ishaq Khan (28), Thane, Abdulgani Rehmtullah Khan (43) and Abdul Rehman Abdul Gani Khan (19).
Earlier the court of judicial magistrate first class demanded police custody till June 15 and on Monday the Pune police again produced them before the court and has been remanded to police custody till June 20.
Speaking to Sakal Times Deputy Commissioner of Police (Crime) Bachchan Singh said, “During investigation we came to know that the Indian Currency notes were purchased from Crawford Market in Mumbai on multiple occasions and foreign currency fake notes were purchased from Hyderabad. The arrested suspects used to convince gullible people using the videos of cash along with newspapers of that day. The kingpin was the army personal Shaikh and personified himself as descendant of Nizam of Hyderabad and had some pictures of Bungalow. These pictures we have to verify. To gain the confidences for duping people he used to send videos and personas that he used to deal with people who are trustworthy. There are many people who have fallen prey and duped.”
“On examination the currency has been found to be mainly as ‘token currency’ as we suspect the amount is huge. The source of currency is being investigated. The total value of such currency is tuned to Rs 87 crores. Real currency of 2.90 Lakh used to cover the bundles while making deals. So far in the investigation, the suspect used to send videos of the currency to gullible people having black money and make Hawala deals. Later they cheat them by giving fake or token notes covered with few real notes. They seemed to have cheated quite a few people with this modus.”
