Two people were arrested from East Delhi's Laxmi Nagar area for possessing old currency notes having a face value of around Rs 62 lakh, police said on Thursday.

Based on a tip-off, one of the accused Azad Singh, 48, a resident of Escort Colony in Greater Noida, was apprehended from near the Laxmi Nagar Metro Station on Wednesday. Subsequently, another person Ezaz Ahmad, 45, a local, was also arrested, a senior police officer said.