Pithoragarh, Apr 5 (PTI) Four men were arrested near the India-Nepal border on Saturday and counterfeit currency with a face value of Rs 29,000 was recovered from them, police said on Saturday.

Counterfeit currency notes of 500 denomination with a face value of Rs 29,000 were recovered from them, Pithoragarh SP Rekha Yadav said.

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Samir Rehman (28), Asif (21), Nitin (35), and Shoaib (28) were arrested by a police petrol party when their car was found parked suspiciously close to the India-Nepal border, she said.

They have admitted that they came here to exchange their counterfeit currency in the markets of India and Nepal, the SP said.

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Rehman, Asif and Shoaib Delhi's Daryaganj and Chawri Bazar area while Nitin is from Munsiyari.

It is being investigated whether they are part of a bigger network, the SP said, adding that a case has been registered against them.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)