The Rapid Action Battalion (RAB) arrested a person in possession of counterfeit currency and fake money-making equipment from the Kadamtali area of Dhaka on Thursday (15 February).
"Acting on a tip-off, a team from RAB-10 conducted an operation in the Kadamtoli area and arrested Md Jishan Hossen Rifat, 19, son of Didarul Alam from Jatrabari with Tk2,30,900 in fake currency notes," said RAB-10 Assistant Director (Media) MJ Sohel.
RAB also seized equipment used for making counterfeit currency.
According to RAB, Jishan and his gang members were reportedly involved in distributing counterfeit notes to various areas of the country, including Kadmatoli, Jatrabari, Shyampur, Demra, and Narayanganj.
The gang used to sell fake notes in bundles of one lakh for Tk10,000-15,000, RAB added.
RAB said legal action against the accused is currently underway.