Rs 34.4 lakh seized in new, defunct currency notes in Guj

Image
Press Trust of India Ahmedabad
Last Updated : Nov 23 2016 | 5:32 PM IST
New and defunct currency notes of Rs 34.4 lakh and a gold biscuit have been seized from two separate spots in Ahmedabad and Jamnagar of Gujarat and four persons were detained in this connection, police said today.
Rs 12.44 lakh cash, including Rs 10.60 lakh in new currency denomination of Rs 2,000 notes was seized in Satellite area from a car during search operation in the locality, they said.
Three persons - Virbhadra Jadeja, Pravin Mali and Yajvendra Parmar - were detained and a gold biscuit has been seized from their possession, Satellite police inspector M U Mashi said.
The trio was later handed over to the Income Tax department officials, who are interrogating them, he said.
In a separate incident, police intercepted a car near Bhadra Patiya village in Jamnagar's Jodiya taluka late last night and seized Rs 22 lakh, mostly in old currency notes of Rs 500 and Rs 1,000.
During the inspection of the vehicle, a contractor identified as Raja Madam was found carrying the currency notes, police said.
Madam was detained and the IT department has been involved in investigation, they 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: Nov 23 2016 | 5:32 PM IST

Next Story