Demonetised notes worth Rs 4.5 crore seized in Gujarat

The demonetised Rs 500 and Rs 1,000 currency notes worth Rs 4.45 crore have been seized from three separate places in the state of Gujarat, the state police said on Monday.

Representational image. PTI

Representational image. PTI

Acting on a tip-off on Monday, the police intercepted a mini truck in Rajkot district and seized 10 bags full of demonetised high-value currency notes with a face value of Rs 2.5 crore from four persons.

The truck belonged to a local pump manufacturing company, which was allegedly taking the cash to its owner's residence at Menderna. The cash was handed over to the Income Tax Department for further investigation, the police said.

A team from Jetpur police station in the same district nabbed two persons from a car with cash worth Rs 50 lakh in old Rs 500 and Rs 1,000 currency notes.

Such notes worth around Rs 1.45 crore were also seized by the police from two different places in Narmada and Vadodara districts on Sunday. Two persons were also arrested.


Updated Date: Nov 15, 2016 12:21 PM

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