Bihar man detained in Itarsi with over Rs 20 lakh demonetised banknotes | bhopal | Hindustan Times
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Bihar man detained in Itarsi with over Rs 20 lakh demonetised banknotes

A 30-year-old man from Bihar, identified as Alok Kumar, has been detained in Itarsi town in Madhya Pradesh’s Hoshangabad district with demonetised Rs 1000 currency notes worth Rs 20.78 lakh on Tuesday.

bhopal Updated: Nov 30, 2016 11:50 IST
Alok Kumar was detained by police in Itarsi town of Hoshangabad district and Rs 20.78 lakh demonetized Rs 1000 currency notes on Tuesday.
Alok Kumar was detained by police in Itarsi town of Hoshangabad district and Rs 20.78 lakh demonetized Rs 1000 currency notes on Tuesday. (HT photo)

A 30-year-old man from Bihar, identified as Alok Kumar, has been detained in Itarsi town in Madhya Pradesh’s Hoshangabad district with demonetised Rs 1000 currency notes worth Rs 20.78 lakh on Tuesday.

Kumar, who claims to be an engineer with a private company in Chennai, has told Itarasi police that the seized notes are savings of his farmer father and other farmers which he had come to deposit at a private bank in Itarsi.

But cops suspect that Kumar was eyeing to change the demonetised notes into new currency notes with help of his younger brother Anurag Thakur, who is working at the same private bank branch in Itarsi where Kumar was to deposit the notes.

Itarsi police station in-charge Bhupendra Maurya said the man from Bihar deboarded from Patliputra-Bengaluru Sanghmitra Express train at 3.30 pm on Tuesday. After coming out from the station, Kumar was standing near the private bank branch where Anurag works.

“Acting on a specific tip-off, we caught Kumar, checked his bag and found Rs 20.78 lakh all in defunct Rs 1000 currency notes.,” said Maurya. He added that Anurag was also questioned before being allowed to go.

“We suspect that Kumar could have been planning to get the demonetized currency converted into new currency notes with his bank employee brother’s help. We’ve informed the Income Tax department for further action in the matter,” Maurya added.