NEW DELHI: Border Security Force on Tuesday seized Rs 10 lakh fake Indian currency notes (FICN) at India-Bangladesh border.

Acting on a specific BSF intelligence, troops of 125 Battalion BSF deployed at the border outpost of Churiantpur, in West Bengal’s Malda district laid a special ambush. The ambush party observed some suspicious movement near the border fence in the wee hours of Tuesday.

On being challenged, the FICN smugglers tried to flee. However, BSF troops chased and apprehended one of them identified as Noor Islam Sheikh, a resident of Malda. On search Rs 1o lakh in FICN was found on him. The consignment was in denomination of 1,000 and 500 rupee notes.

Sources say Malda is one of the traditional routes of smuggling of FICN which is pushed by Pakistan spy agency ISI using its network in Bangladesh. The notes, sources said, are of high quality and suspected to have been printed in government press.

Pakistan is known to sue pushing of fake currency into India as a proxy war to weaken Indian economy. Every year crores of rupees are apprehended across the country by security agencies still several crores sneak into circulation. Agencies such as NIA have found that fake currency is also being used to fund terror activities by outfits such as LeT.

Indian Mujahideen operative Yasin Bhatkal, recently arrested by NIA, was in 2010 arrested by Kolkata police with fake currency. He was, however, not identified and walked out of jail on bail.