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Three held with demonetised currency notes

Press Trust of India  |  Thane 

Three persons were detained today in Mira Road in the district for allegedly carrying Rs 28 lakh in demonetised currency, the police said.

The scrapped bills in denominations of Rs 500 and Rs 1000, totalling Rs 28,10,000, were recovered from Sharukh Merchant (24), Mangesh Gotal (34), and Deepak Khade (54), who works as a security guard with a builder, this afternoon at Vijay Park in Mira Road, said senior Police Inspector Venkat Andale.

Police are conducting investigation whether the money was brought for exchanging it with new currencies.

The department has been informed about the seizure.

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

First Published: Mon, April 17 2017. 21:22 IST