New Delhi, Jan 9 (IANS): The Special Cell of Delhi Police has busted an international syndicate involved in circulation of Fake Indian Currency Notes (FICN) and arrested its key supplier in the national capital, an official said here on Sunday. The accused has been identified as Raisul Aazam, a resident of Motihari in Bihar.

Furnishing details about the operation, Deputy Commissioner of Police (Special Cell) Jasmeet Singh said in the last week of October 2021, information was received regarding indulging in circulation of FICN in India from Indo-Nepal border through Raxaul in District Motihari (Bihar).

The said information was further developed and the police team got a tip-off after two months about a key supplier of this FICN syndicate, which was actively involved in supply of FICNs in Delhi-NCR, Uttar Pradesh, West Bengal, Bihar and other parts of India.

The accused Aazam was apprehended near Indraprastha Park near Sarai Kale Khan Bus Terminal, Ring Road while he was there to deliver a consignment of fake Indian currency notes.

"Currency notes in denomination of Rs 500/- amounting Rs 2.98 lakh were recovered from him and subsequently a case under appropriate sections of the law was registered at the Special Cell police station," the DCP said.

During interrogation, the accused Aazam disclosed that he had procured a consignment of recovered FICN of Rs 3 lakh from one Nepal national, namely Suresh and he had come to Delhi for further supplying the same. He further disclosed to have been actively indulging in circulation of FICN in parts of the country for about the last 14-15 years.

In a startling revelation, the accused disclosed to have already supplied the fake currency amounting more than Rs 1 crore in Delhi during the last about four years after demonetisation. "Further investigation of the case is in progress," the police added.