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3 Indians among 15 held with 2 cr demonetised notes in Nepal

Press Trust of India  |  Kathmandu 

Fifteen people, including three Indians,have been arrested in for allegedly carrying demonetised Indian currency worth over Rs two crore here, police said today.

A special team of Criminal Intelligence Bureau (CIB) yesterday seized Indian banknotes with face value of Rs 21.08 million from different places in Kathmandu.

The CIB raided a rented house of Kamala Bhandari of Morang district and confiscated two bags containing Rs 9.8 million, Superintendent of Police Meera Chaudhary said.

Bhandari's arrest led to seizure of an additional Rs 11.18 million from a private car parked on the premises of an hotel in the outskirts of Kathmandu.

"On a tip-off, we launched the operation and took 15 suspects into custody for smuggling demonetised banknotes to from with a motive of earning profit by exchanging them for Nepali rupees through various criminal networks," a CIB official said.

The arrested Indians are Ankur Kumar Agrawal, Agrawal and Anil Kumar Pansali.

notes with the denomination of Rs 500 and Rs 1,000 were seized from them. They also confiscated three cars used in the crime.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, May 18 2017. 20:32 IST