Ali Ahmad alias Dr Sameer was arrested near Charbagh bus station here last evening by the Special Task Force (STF) of Uttar Pradesh Police and fake Indian currency was recovered from his possession, a police spokesperson said.
Ali had been arrested with fake currency along with two accomplices in April 2010 as well. He, however, had managed to escape in 2011 while being taken to court.
During interrogation, the accused confessed that he had been running the fake currency racket for last 10 years, the spokesperson said.