NIZAMABAD: The Yellareddy police arrested three persons and recovered Rs.1.13 lakh counterfeit currency from them on Sunday. According to the Circle Inspector D. Krishna, efforts are on to nab one Pothampally Sailu alias Vamsi, believed to be in Dubai. Sailu is accused of sending the fake Indian currency with the help of one Nazeeb, who is also based in Dubai. The racket was busted following a complaint lodged by Chandrakanth of Balaji Jewelleries in Yellareddy on May 20. –Staff Reporter