On a tip off, the police teams laid a trap for Zulfikar, a syndicate member, who was to come near the Railway Quarters building.
New Delhi: The Delhi police arrested three suppliers of an international syndicate for attempting to revive circulation of FICN in the capital on Monday.
The police has recovered a consignment of Fake Indian Currency Notes (FICN) worth Rs 5.50 lakh.
The accused have been identified as Zulfikar Alam, 45, from Motihari n Bihar, Deepak Kumar Mandal, 36, and Uttam Mandal, 36, and Uttam Mandal, 40, from Malda in West Bengal.
The accused, the police said, planned to circulate FICN across the country. On specific information from the special cell, Police teams, under SIs Nirbhaya Rana, Aditya and ASI Balraj, were formed, which sent sources to gather more information in this regard.
Surveillance was mounted on the movements of members of the syndicate and requisite intelligence was collected.
The team learnt that FICN is being pumped into India from Bangladesh through the porous border of Malda, West Bengal and also from Nepal. On a tip off on December 17, the police laid a trap for Zulfikar, a key syndicate member, who was to come near the Railway Quarters building on Thomson Road at 8.00am to receive a huge FICN consignment.
A team laid a trap near Railway Quarters and when Zulfikar arrived at 8.20am, another person came and handed him over a parcel and started moving away.
The police teams pounced on the accused and arrested them.
A case was filed at Special Cell police station and arrested them.