Police today arrested a 42- year-old man and seized counterfeit currency notes with a face value of Rs 5 lakh.
Majid Khan Bismillah Khan was arrested from a house in Indiranagar which was raided after receiving a tip-off, said Commissioner of Police Yashaswi Yadav.
Addressing a media conference here, Yadav said during the raid fake notes with a face value of Rs 5 lakh were seized.
The counterfeit notes were in denominations of Rs 2,000, Rs 500 and Rs 100 and were of high quality, he said.
Police seized a scanner, computer and some electronic devices, Yadav said, adding genuine notes of Rs 23,000 were also found in the house.
The commissioner said the police seized two identity cards from the accused. One of them shows him as a scribe, while the other as an activist of a national political party.
He declared a reward of Rs 20,000 for the police team that conducted the raid and made the seizures.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)