Demonetised notes worth Rs 50 lakh seized from car; 3 held

Demonetised currency worth Rs 50 lakh has been seized from a car and three persons in the vehicle arrested at Puttur in the district, police said.

The seizure was effected during a vehicle check yesterday, they said, adding the three persons did not have any documents to explain the presence of the cash.

The trio claimed that the cash belonged to a businessman in Madikeri and was being transported to the town of Mani to be exchanged for new notes through a person there.