A person was arrested on Thursday from Kolkata's Park Circus area with fake Indian currency notes (FICN) with a face value of Rs 7 lakh, police said.
Acting on a tip, sleuths of Kolkata Police's STF conducted a raid in the area under Beniapukur Police Station and nabbed the Malda resident, a senior police officer said.
The currency with a face value of Rs 7 lakh were in Rs 2,000 denomination and Rs 500 denomination , the official said, adding that the accused appears to be part of an FICN gang.
He would be produced before a city court on Friday.