Fourteen stolen mobile phones and fake currency notes of a face value of Rs 82,000 were recovered from a man, following his arrest from Mumbra on Sunday, the police said.

The accused, Jasim alias Vasim Salim Shaikh, 42, was arrested after a raid was conducted at his residence in Amrut Nagar locality in Mumbra on Sunday morning, senior inspector Madhukar Kad of Mumbra police station said. The action was taken following a tip-off, Kad said. "Fake currency notes of Rs 500 denomination, valued at Rs 82,000, and 14 stolen mobiles of a variety of brands, worth a total of Rs 64,000, were recovered from his house," Kad said.