It was gathered that the lady was arrested over the weekend at the Oregbeni market in Ikpoba Hill, in Ikpoba Okha Local Government Area of Edo State.

According to witnesses, the lady, who is in her 30s, had already bought items worth over N200,000 with counterfeit notes in the N1000 denomination before she was arrested.

One of the traders reportedly became suspicious of the mint and decided to compare it with old notes. She subsequently discovered that the mint was fake and raised an alarm.

Other traders who confirmed that the money was fake trailed the suspect, who, unknowingly, kept moving from one shop to another in search of items to buy.

The suspected fraudster was reportedly lured into one of the shops to see other goods, not knowing that the traders had contacted the police.

She was subsequently arrested with fake notes.

When contacted, the Public Relations Officer of the Edo State Command, Chidi Nwabuzor, said he was yet to be briefed on the matter.