Police busted a fake currency gang in Visakhapatnam and seized old currency notes worth over Rs 1 crore from the gang-members. The gang has made a sketch by offering currency of Rs 3 lakh for Rs 1 lakh with black paper and duped that when it is cleaned with the liquid than real notes will appear. However, the police have foiled the gangs sketch. According to the information, the police have arrested the four gang members, which includes two women and recovered Rs 1.97 crore old currency along with a country-made pistol, liquid, and currency counting machine. City Police Commisssioner RK Meena said that they had caught two gangs who were involved in fake currency and exchange of old notes.