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Four held in Ahmedabad with demonetised currency notes worth ₹99.99 lakh

Police said 12,800 demonetised notes of 500 denomination and 3,599 scrapped notes of 1,000 denomination, totalling 99.99 lakh, were seized from Manjula Barot, Malhar Purohit, Rajesh Parmar and Gopal Pandey.

Published on: Jun 17, 2018, 19:34:25 IST
Press Trust of India, Ahmedabad | By
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Four people were held from Chandkheda area in Ahmedabad with demonetised currency notes with a face value of 99.99 lakh, police said on Sunday.

Four people were held from Chandkheda area in Ahmedabad with demonetised currency notes with a face value of  ₹99.99 lakh. (AP/Photo for representation)
Four people were held from Chandkheda area in Ahmedabad with demonetised currency notes with a face value of ₹99.99 lakh. (AP/Photo for representation)

A Chandkheda police station official said that 12,800 demonetised notes of 500 denomination and 3,599 scrapped notes of 1,000 denomination, totalling 99.99 lakh, were seized from Manjula Barot, Malhar Purohit, Rajesh Parmar and Gopal Pandey.

All four are local residents and were nabbed from near a mall at Chandkheda crossroad on Saturday night, the official said.

Primary investigations have revealed that they were looking to exchange it for a commission, he said. A case had been registered and further investigations were underway, he added.

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