Kolkata Police apprehended a man accused of circulating counterfeit currency in the market, and seized fake currency worth Rs 1.5 lakh, under the Topsia Police Station area.
Rakimul SK (30), a Malda-based counterfeit currency racketeer, was arrested by Kolkata Police on Saturday.
"Acting on credible source information, a team of Special Task Force (STF) on January 7 at about 4:10 pm, apprehended one person from JBS Haldane Avenue near Topsia crossing, Kolkata," police said in a statement.
"During the search 300 pieces of high-quality counterfeit Indian currency notes of Rs 500 each, amounting to Rs 1,50,000 were recovered and seized from his possession," the statement added.
A case under sections of the Indian Penal Code (IPC) has been registered against the accused.
( With inputs from ANI )
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