The duo had 295 fake notes of Rs 500, 1 note of Rs 200, 3 notes of Rs 100 and 45 notes of Rs 50 which were sourced from Bihar.
Surat: The Surat Police on Sunday arrested two people with 344 fake Indian currency notes (FICN) amounting to Rs 1,50,200.
The duo, identified as Jagdish and Mohammed Ansari, had 295 duplicate notes of Rs 500, 1 note of Rs 200, 3 notes of Rs 100 and 45 notes of Rs 50 which amounted to a total of Rs 1,50,200.
BC Thakur, Assistant Commissioner of Police (ACP), told ANI, "Amroli police got the information that two people were circulating fake currency in the market. We then made the arrests and recovered over Rs 1,50,000 worth fake currency from them."
"Later, when we conducted a search operation at their residences, we further recovered over Rs four lakh. Primary investigations revealed that the money was sourced from Bihar," Thakur added. Further investigation is underway.