A Fake Indian Currency Notes (FICN) racket was busted from Visakhapatnam and four persons were arrested on August 20, reports New Indian Express. Demonetised currency notes worth INR 99,000 and new currency notes worth INR 1,40,000 were recovered. The arrestees were identified as K Padmavathi (A1) of Vizianagaram District, M Lakshmi (A2) of Railway New Colony, M Rajeswara Rao alias James (A3) of Pedda Jalaripeta and N Sivan Narayanan (A4) of Railway New Colony.