A special NIA court in Ernakulam has sentenced a man to six years of rigorous imprisonment for smuggling Fake Indian Currency Notes (FICN). The accused Ali Hossain alias Mohammed Ali Hossain has been given six years of rigorous imprisonment and a fine of Rs 85,000 for his role in procuring, possessing and circulating FICN in Kerala.
The official said that a case was originally registered at the Thrissur East police station on August 19, 2018 against Hossain, a resident of Murshidabad district in West Bengal, following the seizure of two FICNs of Rs 2,000 denomination from his possession. Subsequently, based on his interrogation, a total of 101 fake notes of Rs 2000 face value each, were recovered from his place of residence in Palakkad.
The NIA took over this case on October 2018. An NIA official said that investigation had revealed that in 2018, Hossain had conspired with accused Alim Sheik, a Bangladeshi national who is absconding, to smuggle fake notes into Kerala, with an intention to use the same as genuine Indian currency for unlawful gains.
The official said that on August 19, 2018, Hossain had knowingly tried to use the counterfeit currency notes of Rs 2,000 denomination as genuine tender in shops at Thrissur where they were detected following which he was arrested. Further investigation against absconding accused Alim Sheikh is still on.