“City residents should be cautious about transactions involving currency and must alert the police if they find anything suspicious.”
– S. George, Chennai Police Commissioner.
Chennaites are now apprehensive and cautious when accepting र1,000 currency notes.
On New Year’s Day, the Fishing Harbour police in Chennai arrested three men from Assam when they attempted to purchase a wristwatch at a showroom on Adam Sahib Street in Royapuram using fake Indian currency notes.
According to C. Sridhar, joint commissioner of police, North, the shop owner suspected the trio when they gave a thousand rupee counterfeit note as payment for the wristwatch, and he alerted the police.
The police arrested the suspects and then raided the house in Manali New Town where they were staying. There the police found four more fake notes along with र30,000 genuine currency and various items purchased by the gang using fake notes. The three identified as Hameed Rehman (19), Rafiqul Islam (22) and Fasil Islam (28) were arrested for circulating fake Indian currency notes of र1,000 denomination.
The three arrested men from Assam had come to Chennai six months ago and were working as security guards at a private firm in Manali. Three more Assamese frequently visited the city and replenished them with almost-genuine fake Indian currency notes originating from Maldah district in West Bengal. The three Assamese security guards had exploited the counterfeit currency in shopping hubs Purasawalkam, Washermenpet, T. Nagar, and in various other areas in the city. They even maintained bank accounts to deposit their harvest from the exchanges.
On Saturday, January 4, 2013, another private security guard, identified as Jelbar Hosfin (21) from Assam, tendered a fake र1,000 note at a photocopying shop in New Colony, Adambakkam, for taking a few photo copies. The shop owner, suspecting the note to be a fake, alerted the police.
Police took Hosfin into custody. When RBI officials confirmed the note was a fake, Hosfin told the police that his friend Mohammad Quaid Ali, employed with a private security agency in Koyambedu had given the note to him and asked him to spend र500 and return the balance.
The police team picked up Quaid Ali from his office and recovered र2.74 lakh fake Indian currency notes he had hidden in a pile of sand dumped at a construction site near his office in Brindavan Nagar, Adambakkam. Quaid Ali also revealed that he got the counterfeit currencies from Saddam Hussain, believed to be the brain behind the network circulating fake notes in Chennai, the police said.
The special police team traced Saddam Hussain to a hideout in the city and arrested him.
The three men – Jelbar Hosfin, Mohammad Quaid Ali, and Sdadam Hussain – revealed that they had so far harvested र19,000 in genuine money by circulating र1,000 counterfeit currency notes totalling र26,000. Three remit cards used by the accused to deposit money in bank accounts after the counterfeit harvest were also seized from Saddam Hussain.
These three culprits seem to have a connection with the three arrested at the beginning of the year for trying to circulate fake notes, police said. Saddam Hussain is the brother of one of the three arrested earlier.
S. Thirugnanam, South Chennai joint commissioner of police said that Saddam Hussain had stayed in the Chennai for some time in 2011. He then returned to Chennai in 2012 and brought several people from Assam and got them jobs as security guards and construction workers.
Chennai Police Commissioner S. George said the case would be transferred to CB-CID, the main agency that deals with such cases.
- Gang circulating counterfeit currency busted; 3 arrested (thehindu.com)
- Two held with fake currency in Chennai (one.in)
- Rs 2.7L fake currency found buried in Chennai (articles.timesofindia.indiatimes.com)
- Fake currency seized, 3 arrested (deccanherald.com)