A 32-year-old man has been arrested for allegedly smuggling fake Indian currency notes into India from Bangladesh, police said today.
Fake currency notes of face value of Rs 7.50 lakh were seized from him, they said.
Deepak Mandal was arrested with fake Indian currency notes in the denomination of Rs 2000, they said.
Based on a tip off, police laid a trap at the DTC bus depot, Khanpur, on August 9. The accused had come to deliver a consignment to one of his contacts. Subsequently, he was arrested.
During interrogation, Mandal revealed that he had been circulating fake Indian currency notes to his contacts based in Delhi, UP, Madhya Pradesh, Bihar and Maharashtra for about 12 years.