Police on Wednesday seized new and demonetised currency notes totalling Rs 34.4 lakh and a gold biscuit from two places in Ahmedabad and Jamnagar in Gujarat and detained four persons.
Police said Rs 12.44 lakh in cash, including Rs 10.60 lakh in new Rs 2,000 notes, was seized in Ahmedabad's Satellite area from a car during a search operation.
Three persons - Virbhadra Jadeja, Pravin Mali and Yajvendra Parmar - were detained. A gold biscuit has been seized from their possession, police Inspector M.U. Mashi said.
The men were handed over to the Income Tax department for interrogation, he said.
In a separate incident, police intercepted a car near Bhadra Patiya village in Jamnagar's Jodiya taluka late on Tuesday night and seized Rs 22 lakh, mostly in old currency notes of Rs 500 and Rs 1,000.
A real estate contractor identified as Raja Madam was detained with the currency notes, police said.
--IANS
desai/mr
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
