LUCKNOW: The Uttar Pradesh Anti-Terrorist Squad (ATS) has arrested two men allegedly involved in the smuggling and circulation of high-quality counterfeit Indian currency notes, recovering 201 fake Rs 500 notes with a total face value of Rs 1,00,500.

The arrests were made in Lucknow on August 7 following intelligence inputs about a suspected network allegedly bringing counterfeit Indian currency into Uttar Pradesh through the India-Bangladesh international border in Malda, West Bengal, and circulating it in different districts of the state.

The arrested suspects have been identified as Azim Khan, son of Mujim Khan, and Raja alias Sameerul, son of late Ahmad Hasan. Both are residents of Ganeshpur village under Ganjdundwara police station in Kasganj district, according to the ATS.