An inquiry has been ordered into the alleged buying of jewellery by Manoj Kumar Singh, the superintendent of police of the economic offences wing of Indore, a few hours after the Narendra Modi government banned 500- and 1,000-rupee notes on Tuesday evening.
A media report said Singh bought jewellery on intervening night of Tuesday-Wednesday, prompting the inquiry.
Picture published in the newspaper is not of me: SP
In his defence, the officer said: “I was sleeping at home at that time and the picture published in the newspaper is not of me.”
Inquiry will ascertain veracity of the matter: DG
However, the director general of economic offence wing in MP ordered an investigation. “An inquiry will ascertain the veracity of the matter,” director general Vijay Kumar Yadav said.
The Modi government demonetised the two high-value notes to curb corruption and choke the flow of counterfeits and illicit funds. The surprise move prompted many holding unaccounted cash to attempt to buy liquid assets such as gold.