Hyderabad : With fake currency of face value of over Rs 41 lakh seized from different parts of Andhra Pradesh, including state capital, during this year so far, senior officials today resolved to coordinate in an effective manner to counter the menace. At a meeting of State Level Committee for detection/ seizures of counterfeit notes, senior officials of RBI, IB, Economic Offences Wing, NIA and Hyderabad City Police discussed recent trends of circulation of fake currency in Andhra Pradesh and other parts of the country and resolved to coordinate by way of sharing data strategically to deal with the menace of fake currency notes. The meeting was informed that there was increased circulation of fake currency in the form of high value currency of Rs 500 denomination in Hyderabad, West Godavari, East Godavari, Vijayawada city and Kadapa. Police seized counterfeit currency of face value of Rs 41,85,540 till May this year and arrested as many as 85 people including many locals who were previously indulged in printing fake currency notes in the state, a senior officer said. Strategies were worked out to counter fake currency menace in high prone areas like Hyderabad, Nalgonda, West Godavari, East Godavari, Visakhapatnam city and Guntur, he said. Most of the fake currency is manufactured in one place and distributed to various places through different persons.It is also noticed that some of the fake notes are high quality notes which are pumped into India from other agencies through Malda district of West Bengal by air, sea and train routes, and the measures to curb them were discussed, Director General (Law and Order) M Ratan said. The Committee also discussed various issues requiring coordination among various agencies relating to lodging of FIRs, investigation in cases and measures reviewed to curb the menace of circulation of forged notes, he added.
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