The Dhaka Metropolitan Police (DMP) arrested two, a man and a woman, who were involved in the smuggling of bogus Indian currency notes, from the Khilkhet area.
The woman is identified as Fatema Akhtar Opi and the authorities seized fake currency worth Rs 7 crore based on her information.
The fake Indian currency, which was reportedly from Pakistan, was recovered from the hidden chamber of a house in the Dakshinkhan area.
The DMP later arrested the man identified as Abu Taleb from the Sarulia area in Demra in the matter.
According to sources in DMP, one of the accused Abu Taleb smuggled the fake notes with the help of two Pakistani nationals Sultan and Shafi from Pakistan via Sri Lanka.
Abu Taleb handed over this fake currency to Fatema on November 23.
Police had been tracking the movements of both the accused based on a tip-off.
Both the accused, who are said to be a part of an international nexus of smuggling of Indian currency, have been arrested.
A case has also been registered at the Khilkhet Police Station and further investigation is on.