The Indore crime branch team on Saturday seized Rs 11.43 lakh, including Rs 11.4 lakh in new currency notes of Rs 2000, and arrested four persons in this connection, the police said. Earlier the crime branch got a tip-off about the presence of huge cash in the house of one of the accused.
The accused were identified as 48-year-old Laxminarayan Purohit and his two sons 26-year-old Vinod Purohit and 24-year-old Dilip Purohit, all residents of 18 Shahid Hemu Colony under Malharganj police station (PS) limit, along with one 18-year-old Ayush Rathore, a resident of 530 Janata Colony, Bada Ganpati under the same PS jurisdiction.
Superintendent of police (Indore headquarters) Mohammed Yusuf Qureshi said, “Police have seized Rs 11.40 lakh in new currency notes and remaining Rs 3,000 in old currency notes from Purohit’s resident”.
“During preliminary investigation, police came to know that they were about to exchange the cash with defunct notes at a commission of 18%. The Income Tax department has been informed about it and an investigation is on in the matter,” said Qureshi.
During the raid at Purohit’s house, the crime branch team recovered new and old currency notes and one mobile phone. When questioned about such a huge number of new currency notes, Laxminrayan and others gave vague answers. Police suspected they were about to exchange the cash with defunct notes and it turned out to be true as they confessed it during the interrogation.
Laxminarayan worked as a security guard at a court while Vinod and Dilip were earning their livelihood by selling toffees and biscuits. Ayush is an employee of one Manish Dave.
Vinod informed police that Dave owns a shop at Novelty Market and they had got money from Dave and Rathore for exchange and in return they were assured that they would get 18% commission.
Currently, none of Purohit family members has any bank account and now police are trying to find out who provided such huge amount to them. In addition, police are also trying to find out the possibility of involvement of any bank employee in this case.