Acting on a tip-off, the man, identified as Virendra Yadav, hailing from Uttar Pradesh, was operational in districts of Rajasthan, additional director general (SOG) Umesh Mishra said.
He was arrested with Rs 3.30 lakh high quality counterfeit currency from the Khasa Kothi area of Jaipur, he said.
Mishra said that the accused, in preliminary investigation, has revealed that he had taken the consignment from Jalaun of Uttar Pradesh and was about to deliver the currency notes in Jaipur.
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