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The accused woman identified as Shikha Raghav, a stage singer. She was declared a proclaimed offender by a city court since she was evading arrest in the case from last two years, they said.
After receiving tip-off about her location in Haryana, the accused was held on Wednesday and brought to Delhi the next day, Nupur Prasad, Deputy Commissioner of Police (North) said.
However, no recovery has been made from the accused, the officer said.
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In 2016, the accused and her friend Pawan participated in a Ramlila in north Delhi where she came in contact with an organiser of the event who was a retired paramilitary officer, the DCP said.
During demonetisation, the accused Raghav and Pawan had allegedly assured the the retired officer and his family members that they can get the old notes exchanged with new ones, she said.
On the pretext, the two accused took money from them and fled, the officer added.
Following a complaint filed by the retired officer, a case was registered at Roop Nagar police station and an investigation was taken up, the officer said.
Subsequently, Pawan was arrested while Raghav was on the run, police said.