A 38-year-old Vakola resident was arrested by Kherwadi police on Tuesday for allegedly printing fake notes in his house to the tune of Rs 1.35 lakh in the denomination of Rs 50 and Rs 100.

“The accused, Rahul Chadwa, a sole breadwinner in his family with no prior crime record, committed the crime nine months ago after his business in the stock market collapsed due to the ongoing pandemic,” said Manjunath Shinge, DCP zone VIII, as per a report in The Indian Express.