Guwahati: In a major crackdown on counterfeit currency, Assam Police apprehended a suspect at the inter-state bus terminal (ISBT) in the Betkuchi area of Guwahati, Assam on Saturday.
Police confiscated several bundles of fake Indian currency notes from his possession.
According to Guwahati Police Commissioner Diganta Barah, based on specific intelligence, a team from the ISBT police outpost apprehended Hafiz Ali (27), a resident of Sonapur village in Dhemaji district.
The arrest was made at 5 am when Ali arrived at the bus terminal.
During a thorough search of his bag, the police team recovered a total of 12,116 pieces of Rs 500 denomination having a face value of Rs 60.58 lakh, he added.
During interrogation, the accused admitted that he was planning to deliver the counterfeit notes to a party, the commissioner stated.
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The police later brought the accused along with the seized fake currency notes to the ISBT police outpost, CP Barah added.
Meanwhile, the police have initiated an investigation in this regard.