Nawanshahr (Punjab), Aug 3 - Punjab Police claimed to have busted an inter-state gang of smugglers of fake currency with international links with the arrest of four people, including a Nepali here Monday. Counterfeit currency notes with the face value of Rs.565,000 have been recovered from their possession.

District police chief Rakesh Aggarwal told IANS: 'On a tip off, police have arrested four smugglers today (Monday) and recovered fake currency worth Rs.565,000 from them. One of them is from Nepal, one from Himachal Pradesh (Una town), and two are from Punjab (Gharshankar town).'

'They used to bring this money from Nepal and give Rs.25,000 for every one lakh to the main supplier. They would further give it to other small smugglers in India at Rs.65,000 for every one lakh,' he added.

'These fake currency notes are of fine quality and it's difficult for the common man to tell the difference,' he added.