Rs 17.30 lakh cash in new currency seized in AP, one detained | india-news | Hindustan Times
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Rs 17.30 lakh cash in new currency seized in AP, one detained

During a routine check, police intercepted his vehicle at Pedaparupudi late Wednesday night and found the bundles of new Rs 2,000 notes.

india Updated: Dec 15, 2016 15:02 IST
Crime branch police displays seized currency of rupees one crore and forty thousand in new notes in Thane.
Crime branch police displays seized currency of rupees one crore and forty thousand in new notes in Thane.(PTI Photo/ Representative image)

Police have seized Rs 17.30 lakh in Rs 2,000 denomination, allegedly meant to be exchanged for a commission, from a person in Andhra Pradesh’s Krishna district.

The man, along with an accomplice, allegedly brokered a deal with some persons for exchanging the scrapped Rs 500 and Rs 1,000 notes for a six per cent commission, a senior police official said.

He used a police constable, his close relative working in Gudivada rural police station, as a shield for the operation. However, the persons who wanted to exchange the old currency did not turn up and Rahman started on his return journey.

During a routine check, police intercepted his vehicle at Pedaparupudi late Wednesday night and found the bundles of new Rs 2,000 notes.

“We have detained the man while a hunt is on for his accomplice. The constable in question seems ignorant of the operation as this man only wanted to use him as a shield,” Gudivada Deputy Superintendent of Police Ankineedu Prasad said.

“We are now investigating from where he got such huge cash,” the DSP added.

Read| Over Rs 8 cr seized in new and old notes in Delhi, Bengaluru, Goa and Chandigarh