Fake notes were of low quality; will not attract UAPA

The fake currencies printed by a local racket at Idikarai in Coimbatore were of poor quality and the offence would not attract provisions of the Unlawful Activities (Prevention) Act (UAPA) 1967, police said on Monday.

The currencies with a face value of ₹ 11.57 lakh seized from the racket on Saturday night did not have security features required to be termed them as high quality counterfeit currencies - making, possession and circulation of which would attract provisions of the UAPA, said P. Perumal, Deputy Commissioner of Police (Crime), Coimbatore City Police, to The Hindu.

“The accused, four arrested so far, had made the currencies of ₹ 2,000, ₹ 500, ₹ 200, ₹ 100 and ₹ 50 denominations using basic desktop printing facilities with computer, printer, scanner and screen printer. Their quality was poor and they do not come under the category of high quality counterfeit currencies,” said Mr. Perumal.

In February 2013, the Government of India framed Investigation of High Quality Counterfeit Indian Currency Offences Rules under the UAPA and brought production, smuggling or circulation of such notes under the ambit of the Act.

The third schedule of the Act defines high quality counterfeit Indian currency note features of which include watermarks, security thread, latent image, see through registration, print quality sharpness, raised effect, fluorescent characteristics, substrate quality, paper taggant, colour shift effect in optically variable ink and colour shift effect in security thread.

Mr. Perumal said that the fake notes printed by the accused did not have basic features of high quality counterfeit Indian currency note such as proper watermarks and security thread.

“There is sharp decline in the circulation of high quality counterfeit currencies in the region post the demonetisation, after which new currencies with high security features were introduced,” he said.

Pakistan-made high quality counterfeit bills used to be smuggled to India via Malda of West Bengal before demonetisation.

I. Dhanraj (35) from Virudhunagar, who headed the racket, printed the currencies, S. Ranjith (23) from Ganapathy, C. Praveenkumar (23) from Pappireddipatti in Dharmapuri and V. Boopathy (26) from Kasipalayam in Erode, who acted as agents, were arrested on Saturday night. Police were on the look out for two more agents.

Though the accused had attempted to create watermark of Mahatma Gandhi using screen printer, it was not of high quality.

They also used normal colour printer and normal soluble paper.

Mr. Perumal said that custodial interrogation of the arrested might not require as police collected most of the evidences from the rented house where the currencies were printed.

In June 2018, city police had arrested three persons and seized ₹ 1.18 crore in fake currencies from Velandipalayam that were also printed using desktop printing facilities.

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Printable version | Jun 3, 2020 12:19:43 PM |

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