Jajpur(Odisha), Feb 12 (PTI) Odisha Police on Wednesday busted a fake currency note racket and seized counterfeit currency with a face value of Rs 4.77 lakh from Danagadi Hat Padia area in Jajpur district.

The police also arrested six persons and seized a note printing machine, three mobile phones and two motorcycles from their possession, a police officer said.

Acting on a tip-off, a team of Jajpur Road police station raided a house near Danagadi Hat Padia on Wednesday afternoon. During the search, the team recovered fake notes of different denominations with a face value of Rs 4.77 lakh and a currency printing machine, he said.

While two of the arrested persons used to manufacture fake notes in this unit, four others used to circulate those in the markets of Danagadi, Jajpur Road, Bhuban, Salepur, Cuttack, Bhadrak and Bhubaneswar, the police said.

"The identity of the arrested persons is not disclosed as it will impact the investigation process," said Anil Kumar Mohanty, Inspector-in-charge of Jajpur Road police station.

(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)