The incident occurred in Dubahi village under Karahiya police station in the district on Monday night. The accused is identified as Sheru Jatav (30), a resident of the same village.
The crime branch arrested the accused from a hotel on Tekanpur Jhansi Highway in the district. The team also recovered exam paper, laptop, mobile phones, and printers from the spot.
Officials said that the accused, identified as Vikram Jeet Singh, a resident of Mehrauli, has been arrested by Vasant Vihar Police station.
He was produced before the court and sent to Judicial custody on Friday. "The role of other persons is being verified," they said.
"Around 9 lakh 46 thousand fake old coins of copper and brass, ranging from Rs 1, Rs 5 and Rs 10 denominations were seized from the car of the accused," police officer said.
The accused have been identified as Sanjay Saulkar (52) and Vishal Pawar (38), residents of Mumbai. The accused used to do some business there but behind it they used to commit cyber crimes.
Gujarat Police arrested one person on Thursday for allegedly killing a biker after hitting him with his car and dragging him under the vehicle for 12 kilometres in Surat in Gujarat.
Mumbai Police said the two accused arrested were earlier arrested for similar offences in Delhi. They were released from jail and started the same work in Mumbai.