John William Gobbin, 42, a parolee, and Joye Lynn Brown, 46, were arrested at around 5:30 p.m. at their home at 1403 Chase St. in Novato.
Sgt. Keith Heiden said evidence of counterfeiting, counterfeit money, property purchased with counterfeit money and a small amount of methamphetamine were discovered in the residence during a search by Novato police, the Secret Service and the Marin County Major Crimes Task Force.
Gobbin was identified as the person who earlier this week bought items from a yard sale in Novato with a counterfeit $50 bill and tried to pass another fake $50 bill at a Novato business, Heiden said.
Gobbin and Brown were booked into the Marin County jail and were scheduled for arraignment this afternoon in Marin County Superior Court.