Jaipur, October 1: A man was arrested with fake currency notes of Rs 1.97 lakh face value in Rajasthan's Nagaur district, police said on Friday.

Bundu Khan (29) was arrested on Thursday and he has connection with notorious counterfeit currency notes smuggler Rafiq, Nagaur Superintendent of Police Abhijeet Singh said. Fake Currency Alert: RBI Warns Against Circulation of Counterfeit Rs 50 And Rs 200 Notes; Central Bank Issues Guidelines to Identify the Real Currency Notes.

He said that the recovered notes are in Rs 500 and Rs 2000 denominations.

Acting on a tip-off, that a large sum of counterfeit currency was being smuggled and flushed into the market, a police team nabbed Bundu Khan on Thursday.

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