http://timesofindia.indiatimes.com/...ke-note-gang-14-held/articleshow/11445557.cms DHANBAD: The National Investigation Agency (NIA) has unearthed an organized gang engaged in smuggling and circulating "high quality" fake Indian currency notes suspected to have been printed in Pakistan. Members of the gang are from West Bengal's Malda and they had their accomplices in Jharkhand and Bihar.A team of the NIA had conducted a nationwide raid on different places of Jharkhand, Bihar, West Bengal, Uttar Pradesh, Delhi, Haryana, Karnatka, Tamil Nadu and Andhra Pradesh last week and arrested 14 people. After conducting the raids, the agency found Morgen Hussain and Rakib Sheikh, the residents of Jamshedtola, Mohabbatpur of Kaliachak in Malda district, were coordinating the smuggling and circulation of the fake notes across the country.S K Singh, the inspector general (IG) of NIA, said Habibul Rehman, Abdul Mutalik, Prashant Mondal, all residents of Malda, were operating from Chennai and their co-villagers, Sajib Ul Haq, Manik Sheikh, Anwar operated from Andhra Pradesh, Jamal Sheikh, Akram functioned from Karnataka. "Their agents worked in different places of Jharkhand and Bihar with an aim to destabilize the economy of the country," he told TOI over the phone from Delhi.The investigation also revealed that the accused people were the members of an international network that manufactured and printed "high quality and high value" fake Indian currency notes in Pakistan and smuggled them into India via Bangladesh and Nepal circulated them across the country. The network used bank accounts and ATMs for circulating the fake notes. "The gang members were in communication with the Pakistan-supported suppliers of fake notes operating from Bangladesh," Singh said.Based on the verification report, a proposal was sent to the Union home ministry for its permission to register a case. After getting the go-ahead, a case was registered and a nationwide raid was organized for seizures of fake notes. Twelve teams of the NIA were fanned out to different places in West Bengal, Bihar, Jharkhand, Tamil Nadu, Karnataka, Andhra Pradesh, Uttar Pradesh, Delhi and Haryana."On January 6, gang leader Morgen Hussain was arrested after an operation in a remote part of Malda and simultaneous raids were conducted across the country," the NIA official said.As a result of the operation, which is a still continuing, 14 persons have been arrested and investigation is in progress. "Searches have led to the recovery of large number of ATM cards, bank passbooks, SIM cards and high-quality high-value fake notes being used in smuggling."Explaining the modus operandi of the gang, the NIA official said bundles of fake notes in the denominations of Rs 1,000, Rs 500 and Rs 100 are thrown into the Indian villages bordering Bangladesh. The accused persons with their aides collect the notes and distribute them to the agents spread all over the country. "They carry the fake notes on train and other modes of transport to all the states for circulation. The local agents collect them in exchange of 60% of the original value of the genuine notes," the official added.