The fake money in form of dollars, sterling pounds and shillings was recovered stashed in over 15 metal boxes inside a one storey apartment at Rainbow Face two estate.
The money was in 234 million Usd dollars, one million sterling pounds, 840 Euros and one million Kenyan shillings which amount to 32.6 billion fake Kenyan currencies.
Police also recovered 70 kilograms of fake gold, fake silver and a licensed grand power pistol.
Two suspects among them a 56-year old Joseph Munyao, a licensed gun holder and her alleged 41-year-old business partner Nancy Muthoni Muchori were arrested in the over 5-hours search and counting mission by police.
Ruth Kalee, the wife to Munyao was also arrested but police said she will only be treated as a witness after recording statements.
According to neighbours, Munyao, reportedly a pastor in unidentified Nairobi-based church and Kalee are reported to have relocated from an estate in Runda, Nairobi only a month ago.
The two who are parents to three children are said to have bought the spacious house at Sh 2.5 million from where the fake money was stored.
The couple is said to have been living a simple life to a point of riding motorbikes something that neighbours said was to hoodwink them not to realize their nature of business.
On her side, Muthoni is reported to be a known money launderer who has been in the fake-money-business for over five years now.
Police say that the fake money was transported on Tuesday evening at around 7pm inside a Toyota harrier of number plates KCD 972 M which is owned by Muthoni, the lead suspect.
Ruiru police commander James Ngetich said that officers from special crime units were pursuing some leads following a case at Kilimani where conmen posing as President Uhuru Kenyatta defrauded Sameer Africa chairman Nashud Merali Sh 10 million pretending that they would help him to purchase land.
Ng’etich revealed that the money laundering business was being conducted by a large chain of criminals in a largely stretched web saying that officers would further their search in Nairobi where the suspects are assumed to have been operating from.
The suspects are reported to be field persons for the wider syndicate involving Joseph Waswa, Duncan Muchai, Isaac Wajekeche, William Simiyu, David Luganya, Gilbert Kirunja and Anthony Wafula who mimicked the President’s voice to near perfection.
Police say that apart from conning innocent Kenyans, the criminals have been operating money laundering business from a house in Lavington, Nairobi.
Their arrest and arraignment in court resulted to their business partners relocating some of their products to Ruiru as a way of wiping evidence.
The high-tech criminals are also reported to have been enjoying police escort during their money laundering and other illegal businesses.