The Charkop police have arrested two absconding accused who allegedly cheated two traders by pretending to know RBI officers, who would exchange defunct currency notes. The police have recovered around Rs. 1.07 core from them.

The men, who were arrested on Sunday, have been identified as Bali alias Baliram Ghante (29), a resident of Malwani gate no 7, and Anand Shethy (29), an Ola cab driver, who lives in Charkop.