Hyderabad, Aug. 14 -- The National Investigation Agency (NIA) has arrested one more accused in the 2024 Champaran (Bihar) fake currency seizure case, in which four others were chargesheeted the previous day.

Md. Fasi Uddin is directly involved in the case, involving a large syndicate with linkages in Pakistan and Nepal, NIA said.

Four others: Md. Nazar Saddam, Md. Waris, Md. Zakir Hushain, and Muzaffar Ahmad Wani alias Sarfaraz, Md. Fasi Uddin, all residents of Hyderabad, smuggled high-quality Fake Indian Currency Notes (FICN) into India with the intent to damage the country's financial stability, said a release from the NIA.

Fasi had paid cryptocurrency to Pakistan-based Salman Muhammed in exchange for FICN. He had also accompanied Md...