Sheikh Javed Iqbal alias Ashfaq Ansari was arrested by Lucknow ATS team in Sunali area on Indo-Nepal border in Maharajganj district yesterday, they said.
Police said that Ansari used to get the fake currency through the network set up by ISI in Nepal and supplied the same to India.
He is the kingpin of the racket supplying fake currency in various states of the country, they said.
Police said that Ansari was in regular contact with the ISI agents.
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