Ravi Kumar Saroj and Vijay Kumar Patel were nabbed by the STF of Uttar Pradesh police from Semri Gate area last evening. Counterfeit notes of Rs 100 denomination with a face value of Rs 50,000 were recovered from their possession, he said.
During interrogation, the arrested duo revealed that they were involved in the FICN trade for the last two years.
The accused revealed that they used to get Rs 1 lakh FICN in exchange of Rs 35,000 to Rs 40,000 of real currency from Bachcha Chaurasiya in Malda in West Bengal, police said.
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