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Mumbai crime branch seizes Rs85 lakh from Matunga
The police said the accused had with them Rs2,000 notes worth Rs72 lakh and Rs100 notes worth Rs13 lakh
The Mumbai Crime Branch Unit 5 have seized Rs85 lakh from Matunga. They have detained four individuals for running a racket exchanging old currency into new currency. The four were caught while trying to deliver the new notes to a south Mumbai-based businessman.
The police said the accused had with them Rs2,000 notes worth Rs72 lakh and Rs100 notes worth Rs13 lakh.
An officer from Crime Branch Unit 5 said, “We have detained everyone and will be handing them over to the Income-Tax department, and after they complete their inquiry we will see whether to register a case.” Sources added those carrying cash were to get 50% commission.
Deputy commissioner of police Ashok Dhude (spokesperson) confirmed the seizure and said their investigation is in progress.
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