Kolkata (West Bengal) [India], January 8 (ANI): Kolkata Police apprehended a man accused of circulating counterfeit currency in the market, and seized fake currency worth Rs 1.5 lakh, under the Topsia Police Station area.

Rakimul SK (30), a Malda-based counterfeit currency racketeer, was arrested by Kolkata Police on Saturday.

Also Read | Air India Urination Incident: Airline's Response Should Have Been 'Much Swifter', Says Tata Group Chairman N Chandrasekaran.

"Acting on credible source information, a team of Special Task Force (STF) on January 7 at about 4:10 pm, apprehended one person from JBS Haldane Avenue near Topsia crossing, Kolkata," police said in a statement.

"During the search 300 pieces of high-quality counterfeit Indian currency notes of Rs 500 each, amounting to Rs 1,50,000 were recovered and seized from his possession," the statement added.

Also Read | Maharashtra Road Accident: Gujarat-Bound Car Hits Truck on Mumbai-Ahmedabad Highway in Palghar; Three Dead and Four Injured.

A case under sections of the Indian Penal Code (IPC) has been registered against the accused. (ANI)

(This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)