Police said they had to chase a suspect through a local apartment complex before arresting him.
Greenville Police said during routine patrols, officers tried to speak with 21-year-old Dion Grimes as he rode his bike through the Sterling Pointe Apartment complex.
Police said Grimes took off through the complex and around a building while trying to hide counterfeit cash.
Investigators said Grimes had 31 counterfeit $20 bills and 15 counterfeit $10 bills, all with different serial numbers.
Police notified the secret service of the case.
Grimes was arrested for possession and transport of more than five counterfeit Instruments.
His bond was set at $25,000.