Chikkamagaluru, July 25 -- Mudigere police in Chikkamagaluru district have arrested two persons on Friday, July 24, for allegedly attempting to circulate counterfeit Rs 200 currency notes in the town. Police seized fake notes with a face value of Rs 18,000 from the accused and have launched an investigation to trace the source of the counterfeit currency.

The arrested have been identified as Mohammed Ali of Mangaluru and Mahesh of Mudigere. According to police, Mohammed Ali allegedly brought the fake currency from Mangaluru and, along with Mahesh, was trying to sell and circulate the notes in the newly developed Layout area of Mudigere when they were apprehended.

Acting on a credible tip-off, the Mudigere police conducted a raid and rec...