Police in Odumase-Krobo in the Eastern Region have arrested three men. The suspects are named as Ebenezer Natsu, aged 20, George Attor, 48, and Bishop Robert Olertey, 54.
The arrests followed a raid by police on a hideout in the Laasi area. Officers were acting on information about suspected criminal activity.
The suspects are accused of printing fake United States dollars. Police have not yet revealed the amount of counterfeit money seized.
The Eastern Regional Police Command confirmed the arrests. Investigations are ongoing to determine the extent of the operation.
Authorities are working to uncover any other individuals involved in the counterfeiting ring.
The suspects will appear in court once investigations are complete.