India, June 27 -- LUCKNOW The UP Anti-Terrorist Squad (ATS), on Friday, arrested a counterfeit currency smuggling gang from west UP's Hapur district. The mastermind, Gajendra Yadav, and his associates, Siddharth Jha and Vijay Veer Chowdhary, were apprehended with fake currency to the face value of Rs.3.9 lakh, stated officials in a release.

After a tip-off, the ATS conducted a raid at a Dinesh Nagar locality on Farid Nagar road, leading to the arrests and seizure of counterfeit currency. Officials also recovered material used for printing counterfeit notes, including watermark paper, computers, and other things.

They said the fake Indian currency notes (FICN) were in denominations of Rs.500, Rs.200, and Rs.100. The recovered FICN includ...