Thousands in counterfeit notes have been seized following the arrest of eight alleged criminals in Melbourne.

A group of eight men, allegedly armed with knives, were seen entering a car park on Flinders Street at about 9.50am Saturday.

One man was seen throwing knives under a vehicle as officers approached them, police alleged.

Five kitchen knives, two hunting knives and a machete were also located in the car park by Police. (Nine)

A small amount of cocaine and $5000 in counterfeit notes was found on a 26-year-old following a search of the car park.

The man has been arrested and will face court on October 25.

Five kitchen knives, two hunting knives and a machete were also located in the car park by Police.

A 24-year-old man was issued a penalty notice for possessing a controlled weapon.

A 22-year-old man was arrested and charged for an outstanding warrant.

He was granted bail and will face Werribee Magistrates’ Court on February 18, 2024.

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