Officials of the Nigeria Security and Civil Defence Corps (NSCDC) in Ondo state have apprehended a suspect, Seun Abiodun who specialises in making counterfeit naira notes.
Abiodun was arrested with two hundred thousand naira fake notes of one thousand naira denomination.
Parading the suspects before journalists in Akure, the state commandant of the NSCDC, Ideba Pedro, said that the suspect confessed that they have a fake money making factory in Lagos.
The NSCDC boss said the command is investigating the matter with a view to arresting other members of the gang.
He also alleged that the suspect have been conniving with some bank staff in Akure to exchange fake naira notes for genuine ones.