TORONTO - The RCMP says it's made the largest seizure of counterfeit money in 20 years after dismantling a plant north of Toronto and finding $4 million in phoney cash.

Two men have been charged in connection with the May 30 raid in Markham, Ont.

Police say they seized printing equipment and a huge quantity of fake $20 bills.

They say the bills were found in various stages of production and don't believe the suspects had a chance to distribute any counterfeit money.

The investigation is continuing.

Charged are 24-year-old Rehan Bawania of Toronto and 26-year-old Kusan Rasanayagam of Markham.