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2 arrested with banned Indian notes in Nepal

Press Trust of India  |  Kathmandu 

today arrested two persons and recovered from them the banned Indian notes of 500 and 1,000 denomination amounting to 49,31,500.

A police team deployed from the Metropolitan Police Range, Kathmandu, nabbed of Morang and of Nuwakot districts from Lazimpat in Kathmandu, according to the

The police said that they confiscated 5,451 old notes of Rs 500 denomination and 2,206 old notes of Rs 1,000 denomination.

According to Bishwo Raj Pokharel, of Metropolitan Police Range, Kathmandu, the two men cheated people and exchanged the money saying that the ban on these notes will be lifted after some time.

Pokharel said they collected the money in a big quantity from the border areas and brought to

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, April 12 2018. 22:45 IST