Police arrest three with Rs 54 lakh in new currency notes

Image
Press Trust of India Palanpur(Guj)
Last Updated : Jan 06 2017 | 7:29 PM IST
Police today arrested three persons with Rs 54 lakhs in new Rs 2,000 notes when they were entering Gujarat through Amirgadh checkpost, a senior official said.
"Police intercepted a car which came from Rajasthan and upon checking found out 2700 bundles of new Rs 2000 denomination notes. The total value comes to Rs 54 lakh," Banaskantha SP Neeraj Badgujar said.
"We have arrested three persons and also informed the Income Tax department about them. In the primary investigation those arrested told us that they belong to Hathras in UP. They were travelling from UP to Ahmedabad," he said.
Those arrested have been identified as Nitin Agarwal, Sachin Agarwal and their driver Manish Kumar, said the official.
A probe is on to find out from where they procured such a high number of new currency notes, he said.
"They told us that they were on their way to visit a food processing expo being held in Ahmedabad," he said.

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: Jan 06 2017 | 7:29 PM IST

Next Story