Kingpin of Fake Currency Racket Busted in Lucknow: Rs 1.51 Lakh Seized

ATS arrests FICN mastermind

Kingpin of Fake Currency Racket Busted in Lucknow: Rs 1.51 Lakh Seized

Lucknow: In a major haul, the Anti-Terrorist Squad (ATS) of Uttar Pradesh has arrested the mastermind behind a fake Indian currency (FICN) smuggling ring operating across the state. Acche Lal Chaurasiya, alias Baccha (56), was apprehended on Thursday with counterfeit notes worth Rs 1.51 lakh  Varanasi.

Chaurasiya, a resident of Maheshganj, Pratapgarh, reportedly had a lengthy criminal record spanning over 20 years with 12 cases to his name. ADG, ATS, Mohit Agarwal, revealed his modus operandi, stating, “He lured young men to act as carriers for international FICN smugglers, who brought the fake notes from Malda, West Bengal, sourced from unidentified printing locations in Bangladesh.”

Agarwal further disclosed that Chaurasiya was connected to two recent FICN seizures – one on January 27th and another on February 6th. The arrested carriers in both instances were linked to his network. His apprehension, officials believe, will significantly disrupt the flow of FICN from Malda into other parts of the country.

The recovered counterfeit currency, worth Rs 1.51 lakh, was intended for distribution in the Uttar Pradesh market. Additionally, arrests were made in the February 6th case, with Ankur Maurya and Vipin Gupta (Rs 45,000 FICN) and Deepak Kumar and Chandan Sainik (Rs 97,500 FICN) apprehended.

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