Middle aged B Seragalain, who is in the country for the last two months, arrived in Bhiwadi industrial area here yesterday, Additional SP Alwar Anil Kayal said.
Acting on a tip off, the police team arrested Seragalain along with a local resident identified as Younus and seized the counterfeit currency from their possession.
"Fake currency worth Rs 13.40 lakh in the denomination of Rs 1,000 were seized from their possession. They have been arrested and were being interrogated," Kayal said.