Rs 35 lakh in new notes seized from 2 Jaipur businessmen | india-news | Hindustan Times
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Rs 35 lakh in new notes seized from 2 Jaipur businessmen

Following a tip off, a team of Rajasthan police’s special operation group (SOG) nabbed Sunil Gupta and Priyanshu Gupta in Vidhyadhar nagar area and recovered around Rs 36 lakh last night.

india Updated: Dec 15, 2016 19:08 IST
The businessmen were allegedly getting the old notes exchanged on 25% commission, officials said.
The businessmen were allegedly getting the old notes exchanged on 25% commission, officials said.(HT file)

Two businessmen were caught allegedly with Rs 35 lakh in new currency notes while they were exchanging old notes.

Following a tip off, a team of Rajasthan police’s special operation group (SOG) nabbed Sunil Gupta and Priyanshu Gupta in Vidhyadhar nagar area and recovered around Rs 36 lakh last night.

“Rs 35 lakh is in new currency notes of 2000 and remaining cash is in demonetised notes of Rs 500 rpt 500,” SP, SOG, Vikas Kumar said on Thursday.

They were allegedly getting the old notes exchanged on 25% commission, officials said.

Income tax department has been informed and further probe is being carried out, Kumar said.

Earlier, Deedwana police in Nagaur district of the state seized Rs 6.72 lakh of unaccounted cash from a person, including Rs 5.68 lakh in new Rs 2000 notes.

Rest of the amount is in Rs 100 and Rs 50 denomination, police had said, adding they have detained Ajit Malik after he failed to give a satisfactory answer.

On Tuesday, police had detained five persons with Rs 14 lakh new notes from the city outskirts in Bhankrota.

Another Rs 4 lakh, including one lakh in new Rs 2000 denomination, was recovered from three persons near Taranagar of Churu district.