Thane-resident sentenced to 5 years jail for circulating fake notes
A youth from Thane was sentenced to five years in jail by a sessions court on Saturday for circulating fake Rs 500 and Rs 1000 notes in Mumbai.
The court also imposed a Rs 1,000 fine on the 23-year-old accused, who was was booked under various charges including the Unlawful Activities (Prevention) Act (UAPA).
The youth, Saijul Akhtarali Shaikh, hails from West Bengal. He would collect the fake notes from unidentified Bangladeshis near the Indo-Bangladesh border and circulate them in Mumbai. Shaikh had been living in a rented apartment in Thane.
After police received a tip-off about his activities, they laid a trap and caught him at Kherwadi in June 2014. During the search, they recovered 354 fake Rs 1,000 notes that were in his possession.
He was then taken to Kherwadi police station and booked under sections 489(b) and (c), read with 120(b) of the Indian Penal Code. After the notes were verified as fake, additional charges under UAPA were added and a senior officer was assigned to investigate the case.
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