Foreigners held with counterfeit Nepali note

INSUBCONTINENT EXCLUSIVE:
Kathmandu, December 24 Police have arrested four Bangladeshi nationals with counterfeit Nepali currency notes with face value of Rs 18,000
from Lokanthali in Bhaktapur today. Those taken into custody have been identified as Suman Khan, 26, Ali Ahamed, 41, Robel Mikda, 21, and
Mohammed Ullah, 21
All the fake banknotes are in denomination of Rs 1,000
Police initiated action after the owner of a gift shop in Thimi Municipality-1, suspected that two banknotes tendered by Khan were not
genuine and alerted local police on Thursday. Acting on the information, police launched a search operation and arrested the four
Bangladeshi nationals with counterfeit notes worth Rs 18,000. Bhaktapur District Court remanded them to five-day police custody for further
investigation into the case
The racketeers were involved in circulating fake banknotes and using them to purchase goods at night
They tucked the fake banknotes between genuine ones in order to circulate them. &You need to make meticulous observation to say that a note
is not genuine and thus many people might have been defrauded by the gang
A genuine note is felt rough when you run your fingers through it, but fake notes lack this feature
Generally, fake Nepali currency lack raised watermark, words and metallic thread, permanent features of a genuine banknote,& police said,
appealing to all to be cautious. In 2018, Nepal Rastra Bank had warned that circulation of high denomination counterfeit notes could
adversely affect the country economic security
Earlier, police had arrested six persons with counterfeit Nepali currency notes with face value of Rs 26.06 million from different places of
Kathmandu and Lalitpur. The post Foreigners held with counterfeit Nepali note appeared first on The Himalayan Times.