11 December 2009, 05:20am IST
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MARGAO: The Margao district and sessions court on Thursday
sentenced one Mohamed Saifulla Sheikh,
to undergo five years simple imprisonment and
pay a fine of Rs 5,000 on charges of possessing counterfeit
currency notes.
The court had held him guilty under Section 489C of the
IPC (possessing counterfeit currency notes).
However, he was acquitted from the charges under
Section 489A (counterfeiting currency notes) and 489B
(using as genuine counterfeit currency notes).
According to the prosecution, Vasco police had arrested
Sheikh and his accomplice, a minor, with fake currency
with a face value of Rs 3 lakh on September 5, 2008.
The accused were taken into custody following a complaint
lodged by a medical store owner near Vasco railway station
who alleged that fake notes were exchanged by one of the
accused at his store.
Police suspected that the notes were
printed in Pakistan and smuggled to India .
Source:PTI
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