Chargesheet was filed against the two accused in fake currency case at NIA Special Court, Vijayawada, on Friday. The cases were registered against the accused Mohammed Mahaboob Baig alias Azhar Baig (A-1), a resident of Maddur village, Mandya district in Karnataka, and Syed Imran (A-2) of Ganjam village, Srirangapatnam taluk in Mandya district.

The Directorate of Revenue Intelligence (DRI), regional unit of Visakhapatnam had seized the fake currency worth Rs 10.20 lakh in the denomination of Rs 2000 on March 31 this year from the the two accused while traveling in Howrah-Hyderabad East Coast Express  at Visakhapatnam Railway Station.

 The officials initiated proceedings under Section 135 of Customs Act 1962 and arrested both the accused on April 1. During the investigation, it was found that the accused, along with their associates, hatched a conspiracy for procuring and circulating fake currency in the country. The accused procured fake currency worth Rs 10.20 lakh from their associates in Malda, West Bengal and were smuggling the same to Bengaluru for circulation in and around the city.

The officials also found that a criminal case also registered against the accused-2 Syed Imran in Hebbagodi Police Station for abduction of a woman for ransom and was arrested by Bengaluru police and he was imprisoned.

The accused, along with their associates, on many occasions smuggled fake currency from Bangladesh to Malda and from Malda, he transported the currency through their couriers to Bengaluru and other parts of the country.