Palanpur: A 21-year-old man was arrested Sunday with fake currency notes having the face value of Rs 43.30 lakh from Palanpur in Gujarat's Banaskantha district, police said.

A total of 2165 notes in the denomination of Rs 2000 were seized from Poonamchand Sharma during checking of a luxury bus by the police on the Gujarat-Rajasthan border, an official said.