Delhi Police seized over Rs 27 cr after note ban

Image
Press Trust of India New Delhi
Last Updated : Feb 13 2017 | 11:13 PM IST
Delhi Police seized Rs 27.95 crore in 50 days following demonetisation besides ensuring law and order situation outside banks and ATMs in the national capital.
According to the annual report of Delhi Police, action was initiated against unscrupulous elements involved in transaction of old and new currency notes in violation of government orders and eight cases were registered and six diary entries were lodged by the police.
"Rs 27.95 crore was seized out of which Rs 3.01 crore was in the denomination of Rs 2000," said the report.
Following the declaration of scrapping of old Rs 1000 and Rs 500 notes, Delhi Police responded immediately to ensure that no law and order problem arose outside banks and ATMs and sufficient personnel were deployed, it said.
Besides this, the Delhi Police also recovered fake Indian currency notes (FICN) worth Rs 5.74 crore and registered 80 cases in this regard.
The force launched a drive against FICN traffickers and collaborated with other agencies including RBI, Customs and Intelligence Bureau in this regard. Cases of FICN are registered at Parliament Street police station, the report added.

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: Feb 13 2017 | 11:13 PM IST

Next Story