3 held with demonetised currency worth over Rs 13 lakh in J-K
Press Trust of India Srinagar Three people were today arrested for allegedly possessing demonetised currency notes with the face value of Rs 13.63 lakh in Nigeen area here, police said.
The accused -- Bashir Ahmad Khan, Showket Ahmad Bhat and Bashir Ahmad Bhat -- were nabbed during a surprise inspection, the police said.
Old currency with a face value of Rs 13.63 lakh in the denomination of Rs 500 and Rs 1,000 was seized from them, they said.
A case under the Specified Bank Notes (Cessation of Liabilities) Act, 2017, was registered against them, the police said.
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