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

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

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

A Chandkheda police station official said that 12,800 demonetised notes of Rs 500 denomination and 3,599 scrapped notes of Rs 1,000 denomination, totalling Rs 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.

First Published: Jun 17, 2018 19:34 IST