Members of Rapid Action Battalion (RAB) in a drive arrested five suspected members of a counterfeit money syndicate, including its chief, from Banasree area of the capital early Sunday,
One of the arrestees was identified as Rahim Sheikh, chief of the syndicate.
Rab sources said being tipped off, a team of the elite force conducted a drive in the area early in the morning and arrested them.
Later, they also recovered counterfeit notes worth Tk 1,04, 80,000 from their possession