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Demonetised currency worth Rs 50 lakh seized in Srinagar, two arrested
The accused were apprehended during a surprise check.
Updated on: Jan 9, 2018, 13:14:49 IST
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Two people were on Sunday arrested in Srinagar for allegedly possessing demonetised currency with face value of Rs 50 lakh, the police said.
The accused were apprehended during a surprise check near Batboni Baghiyas here, they said.
They both were identified as Nazir Ahmad Rather, a resident of Rafidabad, and Akeel Ahmad Khan, a resident of Uttar Pradesh.
Police has registered a case under the Specified Bank Notes (cessation of Liabilities) Act, 2017, they said, adding further investigation was on.
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