SP (Rural) Harendra Mahawar said one head constable and three constables have been suspended for hiding information about the seizure of money and an investigation into the matter has been initiated by the concerned ACP.
A team from IT department reached Kherapa police station today for inquiry.
Head constable Urja Ram was on duty with another constable at Kherapa police station on Bikaner-Jodhpur highway on the night of November 17, he said.
"They intercepted an Ahmedabad-bound private bus and on checking, recovered an unclaimed bag containing the demonetised currency worth Rs 25.35 lakh comprising Rs 1000 and Rs 500 notes," said Mahawar.
"Next day, they informed the higher officials about the seizure of Rs 25.35 lakh after the buzz spread and also seized the bus next day, when it was returning from Ahmedabad," he said.
"Interestingly, even the Station House Officer had no idea either, which appears suspicious. Besides, there is suspicion about the money seized by them from the bus.
"Considering the matter to be serious in nature, Urja Ram and 3 other constables, who wereprivy to the incident, have been suspended and investigation has been handed over to the ACP of the area," Mahawar said.
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