Police in Goa seized Rs 24 lakh in new currency notes, mostly in Rs 2,000 denomination, at the beach village of Calangute on Wednesday.
A police spokesperson said the seizure was made from three local residents, whose names have not been officially released yet. Calangute is 20 km away from Panaji.
The raid was conducted by officials from the Calangute police station, following a tip-off.
"The cash was seized in a car in Calangute village. The Income Tax department in Goa has been informed about the seizure and they will be conducting further investigations," the spokesperson said.
--IANS
maya/pgh/bg
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app