The Mumbai branch of the National Investigation Agency has arrested four persons and seized Fake Indian Currency Notes (FICN) with face value of over Rs 6 lakh from their possession in Bengaluru, an official today said. The currency, in the denomination of Rs 2,000, was suspected to have been smuggled from Bangladesh, an NIA spokesperson said in Mumbai.

Acting on a tip-off, officials from the Mumbai branch of NIA and the Karnataka police carried out a raid in Aluru area of Bengaluru yesterday and seized Rs 4.34 lakh-worth FICN from the possession of three persons, he said. The officials had information that a deal to swap fake currency for genuine money was going to be struck at BDA Layout in Aluru area, he said.