Dhaka, Mar 29 (V7N) – The Rapid Action Battalion (RAB) has arrested Md. Rubel Biswas, the mastermind behind a counterfeit currency manufacturing ring, in a raid conducted in the Shahjahanpur area of the capital. A large quantity of fake banknotes was seized during the operation.

RAB officials confirmed that Rubel Biswas was apprehended in the Malibagh area under Shahjahanpur police station on Friday (March 28). The 1,099 counterfeit notes, each valued at Tk 100, totaled Tk 1,09,900 in fake currency.

RAB-3, which led the operation, stated that the arrest was based on intelligence reports regarding an organized counterfeit money syndicate operating in the capital.

During initial interrogation, Rubel Biswas admitted that he was the mastermind of a gang involved in the illegal production and distribution of fake Bangladeshi currency notes. The gang had been active for a long time, circulating counterfeit money in various locations across Dhaka.

Law enforcement agencies are now working to identify and apprehend other members of the counterfeit money syndicate. RAB-3 officials have assured that further investigations and raids will be carried out to dismantle the entire network and prevent fake currency circulation in the country.

END/MSS/AJ