Acting upon a tip off, Layak Husain Ansari was arrested last night near Hindon Air Force station here while his accomplice managed to flee, SHO Hari Dayal Singh Yadav said.
Counterfeit currency worth Rs 90,300 was recovered from his possession, the SHO said.
During interrogation, Layak, a resident of Samaypur Baadli in Delhi confessed of dealing with fake currency for many years now, Yadav said.
We are trying to find out more about the accused's links with fake currency racket, he said.