"ATS arrested Imran Ahmed Teli alias Munna alias Aftab alias Sammer from the bus stand while he was waiting to board the bus to Rupaideeha in Nepal," said ADG (law and order) Arun Kumar.

"As many as 502 fake notes in the denomination of Rs 1,000 each wrapped in Pakistani newspaper, bus and railway tickets, two hotel bills and several sim cards were recovered from his possession," he said.

According to police, Imran, a resident of Bihar's West Champaran, had gone to Birganj in Nepal to assist his brother-in-law and uncle in the trade of spices in 2006-2007 but following losses in business he came in contact with Sajid Ansari of Raxaul in Bihar, who was engaged in smuggling of counterfeit notes.

According to Kumar, Imran has confessed pushing Rs 15 to 20 crores worth fake notes in Indian markets.

The ADG expressed confidence that vital information about ISI activities and smuggling of counterfeit notes was likely to emerge in the interrogation.


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