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Rs 1.69 crore in demonetised currency seized in Guj, 2 held

Press Trust of India  |  Rajkot 

Two persons, including an employee of a private sector bank, were today arrested with demonetised notes with a face value of Rs 1.69 crore, police said.

Acting on a tip off, officials of the Special Operation Group(SOG) nabbed two persons outside the central bus depot this afternoon with demonetised notes having a face value of over Rs 1.69 crore, said Police Commissioner,

"While searching through their bag, the SOG team found demonetised notes of Rs 1,69,27,500, including 7,185 notes of Rs 1000 and remaining of Rs 500 denomination," Gehlot told here today.

He identified the two persons who have been arrested as Kamal Bhatt, a resident of Junagadh and his friend, Rajkot-resident

Primary investigation by the police has revealed that the duo were planning to exchange these notes with valid ones through a commission agent.

"We have learnt that Bhatt is working as a in a in Junagadh while Chhaya is a The duo were in search of a commission agent to exchange these notes, for which, they were planning to go to a metro city," Gehlot said, adding that further investigations was on.

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

First Published: Mon, May 14 2018. 20:45 IST