Police seized $2.3 million in counterfeit U.S. currency and arrested a suspect at a house in Lima, raising to $5 million the amount of fake dollars confiscated this year, Peruvian National Police chief Raul Salazar said.

Officers from the Fraud Division discovered a print shop being operated out of a house in the capital's Breña district that was making thousands of fake dollars, Salazar said.

The counterfeit U.S. dollars, which were seized on Tuesday, were going to be smuggled into the United States, the police chief said.

Police found printing plates for $50 bills and other counterfeiting materials at the house, Salazar said.

A 39-year-old man was arrested at the house as he applied a fluid to counterfeit bills.

The suspect faces between five and 12 years in prison if convicted on counterfeiting charges, police said.

The counterfeit U.S. currency belonged to a criminal organization whose presence was first detected in Lima last year. EFE