Foreign currencies worth around Rs 16.50 lakh seized, 1 held

Foreign currencies worth around Rs 16.50 lakh was seized from a car here and a man carrying those arrested, police said today.
Acting on a tip-off, Suresh Barasa, who was travelling from Jaisalmer to Jodhpur in a car was intercepted near Mandala chowki on National Highway 114 last night, ASP Satyendra Pal Singh said.
During checking, foreign currencies comprising USD 11,284, 330 Australian dollar, 300 Canadian dollar, Euro 12,070 and 185 Sterling Pound were found in a polythene bag in the specially altered AC vents of the car, the officer said.
During interrogation, Barasa could not give a satisfactory reply about the source of the money following which he was arrested and the currencies seized, the ASP said, adding the Enforcement Directorate has been informed about the incident.

The officer said the accused has been working with a company engaged in money exchange but has no license carry foreign currency.