Six held in Bengaluru with Rs 2.8 cr in demonetised notes

Image
IANS Bengaluru
Last Updated : Jun 10 2017 | 12:02 AM IST

Six people, including an advocate and an engineer, were held here with demonetised currency notes of the face value of Rs 2.8 crore, police said on Friday.

"Based on tip-off, police intercepted an autorickshaw at BBMP playground in Vijaya Bank Layout in south Bengaluru on Thursday and seized the demonetised notes," Deputy Commissioner of Police Bengaluru South M.B. Boralingaiah told reporters here.

According to the police, four of the accused persons were carrying the demonetised currency in the autorickshaw while two others following it on a two-wheeler.

"We have identified the accused as S. Dinesh, 30, advocate K.B. Mari Reddy, 60, K. Harish, 50, M. Chandrasekhar, 60, auto driver G. Dinesh, 40, an autorickshaw driver from Bengaluru and Bhanoji G, 51, an engineer from Andhra Pradesh's Chittoor," said Mico Layout police inspector B.K. Shekhar said.

However Ramesh, the main accused, escaped from the spot, he added.

The accused were produced before a magistrate, who sent them to 14 days judicial custody.

A case has been registered against the accused under thee Specified Bank Notes (Cessation of Liabilities) Act, 2017 and a special team set up to nab the main accused," said Shekhar.

--IANS

str/vd

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Jun 09 2017 | 11:52 PM IST

Next Story