Thane Police have seized fake currency notes of rupees eight crore face value and arrested two persons in connection with it. The accused had printed the currency notes in an industrial unit at Palghar. Cops have launched a manhunt for the third accused who was said to be the kingpin of the racket. 

Vikas Ghodke, in charge of Unit 5, Crime branch received a piece of reliable information that two persons carrying fake currency notes will visit Ghodbunder Road on the morning of November 11. The police further laid a trap at Gaimukh Chowpatty, around 10.40 am. Cops spotted a suspicious car (MH-04-DB-5411). They stopped the car. While frisking the car, cops found 400 bundles of fake 2000 currency notes having a total face value of rupees eight crores.