Excelsior Correspondent
SRINAGAR, July 13: Police today busted a militant financing module by arresting three of its members and recovering Rs 17.5 lakhs of Indian currency and 33 fake Golden Pounds (Edward) from their instance.
Kulgam police received a specific information that militant Tausif Ahmad Sheikh and Mohammad Abas Sheikh who are involved in several acts of terrorism including the killing of a Follower of JKP Mohammad Rafiq Mir son of Mohammad Ramzan resident of Hussanpora Bagh and NC Panch Haji Gull Mohammad Bhat son of Abdul Gani Bhat resident of Wonpoh, Anantnag have obtained some fake golden coins (Edward Golden Pounds) from across the border and are duping the general public by way of selling them through Mudasir Ahmad Sheikh son of Salam resident of Rampora Qoimoh, Kulgam and Mushtaq Ahmad Kumbay son of Nabi Kumbay resident of Wonpoh, Anantnag.
Kulgam police after receiving the information apprehended Mudasir Ahmad Sheikh brother of active terrorist Tausif Ahmad Sheikh and recovered Rs 12.5 lakhs from his instance.
During the initial investigation Police arrested two more associates of the gang identified as Mushtaq Ahmad Kumbay son of Nabi Kumbay resident of Wonpoh, Anantnag and Mohammad Iqbal Khan alias Manzoor son of Ghulam Hassan resident of Vihel Shopian and recovered Rs 5 lakhs of Indian currency and 33 fake Golden Pounds (Edward).
Police is investigating the matter.