Rs 1 crore in demonetised currency notes seized in Mumbai; 3 arrested

They found Rs 1 crore in old notes in Rs 500 and Rs 1,000 denominations

Photo: Shutterstock
Photo: Shutterstock
Press Trust of India Thane
Last Updated : May 18 2017 | 3:02 PM IST
Police have seized nearly Rs 1 crore in demonetised currency notes from three persons, who were later arrested.

Acting on a tip-off, police intercepted a car at Parsik circle in Mumbra township of Thane district at around midnight on Tuesday.

They found Rs 1 crore in old notes in Rs 500 and Rs 1,000 denominations in the possession of three persons, including a woman employee of a private bank, an official release issued by Thane police said today.

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The three persons were planning to get the notes exchanged for new bills. They were later arrested and a case was registered against them under relevant sections, Thane police PRO Sukhada Narkar said.

Police are trying to find out from where did the accused get the junked notes, Narkar said.

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First Published: May 18 2017 | 2:53 PM IST

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