New Delhi, 19th February 2025
The National Investigation Agency (NIA) on Wednesday searched multiple locations in three states in connection with a 2024 case of seizure of high-quality Fake Indian Currency Notes (FICNs) in Bihar.
In a press Statement issued here by NIA reads that ,Extensive searches were conducted at 5 locations in Bihar and one each in Jammu & Kashmir and Telangana as part of the NIA investigations into a fake currency racket operated by accused and suspects from Nepal by using crypto currency.
NIA teams today conducted searches at the premises of accused and suspects in Patna, Bhagalpur, Bhojpur and Motihari districts of Bihar, Anantnag district of Jammu & Kashmir, and in Hyderabad, Telangana. Cash amounting to Rs. 1,49,400, along with digital devices including pen drives, mobile phones, SIM cards etc., was seized during the searches. The team also recovered several incriminating documents.
The case RC-17/2024/NIA/DLI relates to seizure of FICN with face value Rs. 1,95,000 from three accused persons, identified as Md. Nazar Saddam of Bhagalpur, Md. Waris of Bhojpur and Zakir Hussain of Patna. The accused were arrested by the local police during vehicle checking near Kharwa bridge in Banjariya area on 5th September 2024. The police later also arrested another accused, Muzaffar Ahmad Wani @ Sarfaraz, from Anantnag in J&K.
NIA, which took over the case from Bihar police in December 2024, is continuing with its investigation.
NIA Searches Multiple Locations in 3 States in 2024 Bihar Ficn Seizure Case with Nepal Links
BySNS KASHMIR
Feb 19, 2025
By SNS KASHMIR
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