CBI Arrests Absconding Accused in Fake Currency Case After 14 Years
New Delhi, October 9: The Central Bureau of Investigation (CBI) has arrested an absconding accused in a Fake Indian Currency Notes (FICN) case after more than 14 years on the run.
The accused, identified as Mohd. Ismail Sheikh, was arrested on October 9, 2026, following sustained efforts by a CBI team that traced him through technical leads.
According to a CBI press release, Sheikh was involved in using and exchanging counterfeit Indian currency notes of ₹1,000 denomination in Puducherry. He was apprehended during an attempt to exchange fake currency notes worth ₹19,000 at a fruit stall. Subsequently, counterfeit currency amounting to ₹1,71,500 was recovered from the guesthouse where he had been staying.
The accused was arrested in the case on January 18, 2012, and was released on bail on July 2, 2012. However, following his release, he failed to appear before the court and allegedly absconded to evade the legal process.
After remaining untraceable for over 14 years, Sheikh was arrested following technical investigation and sustained efforts by the CBI.
The agency stated that the accused would be produced before the competent court for further proceedings in accordance with the law.
The CBI reiterated its commitment to bringing those involved in the circulation of counterfeit currency to justice and safeguarding the country's economic integrity. ANB
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