Police seized counterfeit currency notes worth over Rs 13 lakh from a rented house at Santh Mahadev village under the Town police station in Jajpur district on Sunday.
A person of the Katia area under Mangalpur police station was detained in connection with the case and is being interrogated to unearth more information about the involvement of the others.
As per reports, police raided the rented house after getting inputs about the counterfeit currency notes and seized the amount.
Further investigation into the incident is underway after questioning of the detained person.
Police sources said it is suspected that an organised counterfeit currency racket is operating in the area. Police are hopeful of getting some valuable information about the racket from the detained person to get to the root of the case soon.
Police would also question the owner of the rented house in this connection to ascertain if he had verified the credentials of the tenant before renting his house.