Mumbai: NIA searches 6 places in 2021 Naupada fake currency case; suspects D-Company link

NIA recovered several incriminating materials during searches at half a dozen locations in Mumbai in connection with the 2021 Naupada case

PGurus Newsdesk

May 11, 2023

NIA recovered several incriminating materials during searches at half a dozen locations in Mumbai in connection with the 2021 Naupada case

2021 fake currency case: Anti-terror body raids 6 locations in Mumbai, points to the ‘D-Company’ link

The National Investigation Agency (NIA) has recovered incriminating material during searches at half-a-dozen locations in Mumbai in the 2021 Naupada case relating to the seizure of high-quality fake Indian currency notes (FICN), which points out the role of the D-Company, the agency said on Thursday.

The recovery included sharp-edged weapons, digital devices, and documents, which is a strong corroboration of NIA’s earlier probe findings that established a direct connection with the D-Company in the fake currency racket. Thus the role of the D-Company has been prima facie found in the circulation of FICN in India during the NIA investigation into the case.

The case related to the seizure of counterfeit Indian currency notes of Rs.2000 denomination.

Two persons were arrested in the case, originally registered at the Naupada police station, Thane City in Maharashtra on November 18, 2021, under relevant sections of IPC and the Unlawful Activities (Prevention) Act, 1967. The accused, identified as Riyaz and Nasir, both residents of Mumbai, are currently in judicial custody.

The Thane Police had carried out searches and also charge-sheeted the accused in the high-profile case, which was taken over by the NIA on February 7, 2023.

On Wednesday, the NIA raided several properties of the accused and suspects, mostly houses and offices, as part of its continuing investigations in the case.

[With Inputs from IANS]

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