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)

(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)