New Delhi: Abdul Karim Telgi, a convict in the counterfeit stamp paper scam, has been acquitted by a court in Nashik district of Maharashtra on Monday. Notably, the court’s decision came an year after Telgi died in Bengaluru’s Victoria hospital, suffering meningitis. Also Read - BJP MLA Anil Gote announces resignation from Assembly, party

Abdul Karim Telgi was arrested in Ajmer in November 2001. Telgi was serving 30 years of rigorous imprisonment at the Parappana Agrahara Central Jail for masterminding a fake stamp paper racket. A whopping fine  of Rs 202 crore was also imposed on him after his conviction. Also Read - Fake stamp paper kingpin Telgi dies

He was in the thick of controversy after former DIG (Prisons) D Roopa had alleged authorities were giving him special treatment in the prison. In her report, she had claimed that that at least three-four inmates were engaged in giving him (Telgi) massage. Also Read - Fake stamp paper scam convict Abdul Karim Telgi dies

Notably, a special investigation team had busted the multi-crore fake stamp paper racket after several phone tappings. Telgi had been selling fake stamps to various institutions, banks, insurance companies, brokerage firms and others.