Rajya Sabha MP from Tripura Khagen Das expressed concern  over Pakistan-sponsored terrorists move to circulate high quality     fake Indian currency notes throughout the country. “The situation reached such an alarming proportion that many a country has already stopped accepting Indian 500 rupee notes, and in future many other countries may follow suit”, he said 

 “The sinister design behind the circulation of fake Indian notes in the Indian market is to ruin the country’s economy. Fake notes are being confiscated by the police in more than 11 States including, the North-East”, he said. The Tripura MP has informed the Rajya Sabha that 500 rupee notes worth one lakh can be obtained for Pakistani 5,000 rupees currency.

 “The nexus of the terrorists  with this activity has also  repeatedly come out,” said Mr. Das and sought the Government’s clarification on the steps taken in this regard. He also wanted to know what measures had been taken against the collaborators of the fake currency racket. The MP resented that despite seizures of fake Indian currency and arrest of some low-level culprits, the Government had not yet been able to stop the menace effectively.