Commissioner's Task Force (Central Zone) nabbed Mohammed Arif and Inam-ul-haq, who had allegedly procured the currency -- in denomination of 1,000 and 500 -- from West Bengal, and were going to circulate it in Hyderabad, police said.
Additional Deputy Commissioner P Rameshaiah said acting on a tip-off, Inam-ul-Haq was arrested at Secunderabad Railway Station after he got down from a train from Malda.
Mohammed Arif, who came to receive Haq at the railway station, was also arrested. Two others, including one Ghouse, who were to circulate the fake notes were yet to be arrested, police said.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%