Man gets three-year jail term for involvement in fake Indian currency smuggling syndicate
Special NIA judge Chakor Baviskar sentenced Karnataka-based Radhakrishna Addappa after he pleaded guilty to the crime. The court also imposed a fine of ₹2,000 on the convict.
However, since he has been in jail for over three years, he is entitled to a set off for the period spent under detention.
Addappa was facing trial under IPC sections for criminal conspiracy, selling or buying of counterfeit currency and common intention. He was the third accused to be convicted in the case.
The convict requested leniency, claiming he was repentant for his actions and that it was his first offence of this nature.
The prosecution, represented by Special Public Prosecutor Vinit Kulkarni, acknowledged the seriousness of the offences, which are considered a threat to the country's economy, but left the final decision to the court.
Considering the overall facts and circumstances of the case, the court sentenced Addappa to three years in jail, noting there are no antecedents of such offences against the accused.
NIA investigations revealed he had handed over fake currency to a co-accused at a KSRTC Bus Stand in Gauribidnur in the Chikkaballapura district of Karnataka, a statement from the probe agency said.
Addappa was among the three accused charge-sheeted by the NIA in the case in January 2020 based on various incriminatory digital and documentary evidence collated during the probe.
Co-accused Jasim alias Wasim Salim Shaikh and Ishak Khan were earlier, in separate judgements, sentenced by the NIA special court to five years, seven months and 10 days, and five years of rigorous imprisonment, respectively, along with a ₹5,000 fine on each.
The case relates to the recovery of FICN of face value of ₹82,000 in the denomination of ₹500 in 2019.
This article was generated from an automated news agency feed without modifications to text.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
33 minutes ago
- Time of India
'Gut-wrenching': Kristi Noem reacts to Indian truck driver Harjinder Singh killing 3 in Florida in accident, blames Newsom
Indian truck driver who illegally entered US in 2018 was arrested for killing 3 people in a road accident in Florida which was caused as he took a wrong U-turn. Department of Homeland Security secretary Kristi Noem said the death of three people in Florida caused by a semi truck's wrong U-turn was a gut-wrenching tragedy which should have never happened. Noem said DHS will work with the US Department of Transportation to ensure that illegal aliens do not get licenses from sanctuary jurisdictions. "3 innocent people were killed in Florida because Gavin Newsom's California DMV issued an illegal alien a Commercial Driver's License. This gut wrenching tragedy should have never happened," Noem posted. "Three innocent people were killed in Florida because Gavin Newsom's California DMV issued an illegal alien a Commercial Driver's License—this state of governance is asinine," DHS said in a statement. "How many more innocent people have to die before Gavin Newsom stops playing games with the safety of the American public? We pray for the victims and their families. Secretary Noem and DHS are working around the clock to protect the public and get these criminal illegal aliens out of America," the statement added. Florida accident: Why DHS fighting with California Harjinder Singh , the driver of the semi that took a wrong U-turn and caused the deaths of three people who were in their vehicle, got his driving license in California. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like AirSense 11 – Smart tech for deep sleep ResMed Buy Now Undo As California is Democratic ruled, the Trump administration and Governor Gavin Newsom's office started passing the buck on one another for the tragedy. While DHS blamed California for giving a driver's license to the illegal alien, Newsom's office said Singh entered the US in 2018 when Trump was the president. Did Harjinder Singh enter US illegally in 2018? DHS confirmed that Harjinder Singh entered the US illegally through the southern border in 2018 and was arrested within two days. But he said he was scared to go back to India -- a fear that was affirmed by US Citizenship and Immigration Services. At that time, he was released on a $5,000 immigration bond. His immigration proceedings remained pending since then but he managed to get a driver's license in California. California's Assembly Bill 60 (AB 60), enacted in 2015, allows undocumented immigrants to apply for a driver's license if they can provide proof of identity and California residency. These licenses are marked "not for federal identification."
Time of India
34 minutes ago
- Time of India
Mumbai Police files charge sheet against ex-Religare chair Rashmi Saluja, 3 others in ESOP case
Mumbai: The Economic Offences Wing (EOW) of the Mumbai Police on Monday filed a charge sheet against former Religare Enterprises chairperson Rashmi Saluja and three others in connection with alleged irregularities in the allotment of employee stock options (ESOP) at Care Health Insurance Ltd . A dispute over the ESOP allotment to Saluja at the insurance subsidiary had escalated into a legal battle between Religare's then management and the Burmans who were pursuing to take over the financial services company. The charge sheet filed at a local magistrate's court names Saluja, former Religare finance chief Nitin Aggarwal, ex-group general counsel Nishant Singhal and a Mumbai-based office assistant, Vaibhav Gawli. The EOW investigated the matter after the Enforcement Directorate (ED) in September last year filed a complaint alleging that Saluja and her colleagues conspired to derail the takeover bid for Religare by misusing ESOP allotments and orchestrating a police complaint filed by the office assistant. Gawli was allegedly promised cash and shares in return. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Cardiologist Reveals: The Simple Morning Habit for a Flatter Belly After 50! Lulutox Saluja, who has challenged the EOW's FIR in the Bombay HC, on Monday called the allegations "mala fide and flawed". She told ET: "When I have never met Gawli or ever communicated with him, how could I get him to lodge a complaint against the Burmans? Also, how could ESOPs be treated as proceeds of crime? They were issued by the board and NRC (nomination & remuneration committee)...why aren't they being questioned?" According to investigators, the insurance regulator had rejected Care Health's proposal to issue 22.71 million stock options, valued at more than ₹250 crore, to Saluja. Still, the company's board in August 2022 granted the ESOPs to her at ₹45.32 per share, to be vested in three tranches. In the same meeting, the board also cleared a ₹300 crore rights issue. Live Events The regulator in November 2023 ruled that the ESOPs were granted in violation of sectoral guidelines that cap non-executive director compensation at ₹10 lakh without prior approval.
Time of India
an hour ago
- Time of India
Telangana HC quashes case of assault on police officers in Mulugu
Hyderabad: The Telangana high court has quashed a criminal case registered at Mangapet police station in Mulugu district in 2022, observing that the charge of assaulting and obstructing police officers was baseless and amounted to a misuse of law. The case was booked against a farm labourer, who was the petitioner before the court, after police responded to a Dial 100 call at Rajupet village in Feb 2022. Two locals were reportedly engaged in a dispute over a small stretch of land. When police officers intervened to pacify them, the petitioner allegedly argued with the officials, telling them it was a personal issue and that police should not interfere. Based on this exchange, police registered a case under section 353 of the IPC (assault or criminal force to deter a public servant from discharging his duty). The chargesheet claimed that the petitioner obstructed officers from performing their duties. You Can Also Check: Hyderabad AQI | Weather in Hyderabad | Bank Holidays in Hyderabad | Public Holidays in Hyderabad | Gold Rates Today in Hyderabad | Silver Rates Today in Hyderabad However, the petitioner's counsel argued that section 353 specifically requires assault or use of criminal force, and the FIR, complaint, and chargesheet contained no such allegation. At most, the incident reflected a verbal argument, not criminal obstruction, he contended. Agreeing with this contention, the high court ruled that the facts did not constitute an offence under section 353. The court said that a mere quarrel with police officers during a local dispute could not be stretched into a criminal case of assault on public servants. It further held that continuing the proceedings would amount to an abuse of the process of law. Accordingly, the court quashed the proceedings pending before the additional junior civil judge-cum-additional judicial magistrate of first class, Mulugu. Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays , public holidays , and current gold rates and silver prices in your area.
