Around Rs 18 lakh cash was today seized from two Kalyan-based businessmen, with most of it in new demonition notes, following which the duo was detained, police said.
"Acting on a tip-off, officials of Khadakpada police station intercepted a two-wheeler near a hotel at Kalyan railway station and nabbed two persons. Around Rs 18 lakh cash was recovered from their possession," DCP (Kalyan Division) Sunil Bharadwaj told PTI.
"While one man is a cloth merchant, the other owns a dairy. The cash has been handed over to the Income Tax department. We have detained the duo and sent them to the IT department for questioning," he added.
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Of the cash recovered, Rs 17.44 lakh is in Rs 2,000 denomination, he added.
As per the officer, another Rs 2 lakh cash in denomination of Rs 100 and Rs 50 were also recovered from the duo.
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