Based on a tip-off, local crime branch officials arrested five persons from Rundh village of Jhagadia tehsil yesterday evening and seized fake currency worth Rs 65.72 lakh. Today police recovered another Rs 89,000 from the house of the main accused.
The arrested persons were identified as Shivkumar Mishra (45), Natwar Ravat (36), Hajratali Saiyad (42), Nazir Chauhan (51) and Jyoti Goms (31).
Mishra, an electrician with a private firm, had started printing currency notes at his Bharuch house, police said.
The currency notes were mainly of the Rs 1,000 denomination.
"We also seized printer, scanner, dye plates, paper cutter and injection syringes," Malhotra added.
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