Arvind Kumar alias Bablu (39) of Rai Bareli in Uttar Pradesh is the kingpin of the racket, said SP V.Shiva Kumar.
He said Bablu was getting fake currency from Bangladesh through one Sunil Kumar Pramanik (37) of Cherapur village in West Bengal, Sudershan Singh (29) of Rampur village in Uttar Pradesh, Jagdish Gujjar (35) of Madhya Pradesh.
Other accused are identified as Chetturi Rajaiah (40) of Brahmanapalli village in Nizamabad district, Durva Bheem Rao (43) of Mothe village in Karimnagar district.