Three more people were implicated Thursday as involved in the rash of $20 counterfeit bills that have been circulating in Ardmore.

Sgt. Ryan Hunnicutt, APD public information officer, said information obtained by investigators and narcotics officers led to the execution of a search warrant at a residence in the 1600 block of Refinery Road. Wesley Watkins and a woman were arrested at the residence. Watkins was booked into the county jail pending charges of counterfeiting and larceny, as well as an outstanding district court warrant charging him with of unlawful possession of methamphetamine. The woman was later released from jail. District Attorney Craig Ladd sat Saturday he is unsure if a case will be presented to his office against the woman in connection with the counterfeiting case.

Hunnicutt said officers also garnered enough information Thursday to arrest Eric Jackson, who was also booked into the Carter County Detention Center. Jackson faces pending charges of counterfeiting, use of a vehicle to discharge a weapon and unlawful possession of a controlled dangerous drugs.

Formal charges are expected to be filed in district court against Watkins and Jackson Monday.

Meanwhile the two men currently remain incarcerated along with Charles Hamby. Hamby was arrested early Thursday morning after he was found in possession of $400 in counterfeit $20 bills. He was formally charged with one count of possession of forged notes or instruments and has made an initial appearance in district court. Bond was set at $15,000. Hamby continued to be listed as an CCDC inmate Saturday pending the posting of the bond.

Hunnicutt said while several officers have been involved in the flood of counterfeit $20 bills that have been placed in circulation locally, Detective Matt Dunn is the lead investigator on the the case.

"Det. Matt Dunn joined the investigations team earlier this month," Hunnicutt said. "At this time Det. Dunn is still trying to locate additional suspects and has information to charge at least two more involved in this crime."

Over the past month police have received numerous reports from those victimized by the fake $20 bills. Hunnicutt credited citizens and business owners with helping investigators identify suspects.

Dunn continues to urge all local business to remain on the lookout for look for additional counterfeit bills.