The Thane police's Crime Branch arrested a man and a woman and recovered counterfeit currency notes with a face value of Rs 43,400 from them, an official said on Tuesday. The police nabbed the woman, aged 47, at Gajanan market in the Ulhasnagar township here on March 4 and seized 110 fake notes of Rs 100 denomination from her, Assistant Commissioner of Police (Crime) Mukund Hatote said. He said the police had got a tip-off that the woman was planning to circulate the fake notes in the market.