Rishi Pal, Rahul and Jarnail Singh were arrested in Kaithal in Haryana, police said.
All the three were produced before a court which sent Pal to one-day police custody and two others to judicial custody.
"As many as 173 fake Indian currency notes of Rs 100 denomination each, a photostat machine, a printer and papers have been recovered from their possession," a police spokesman said.
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