Police probe bank employees role in converting Rs 97 crore demonetised currency
| Friday | 19th January, 2018
Kanpur: After the massive seizure of nearly Rs 97 crore in demonetised currency notes here, the police were probing the possibility of involvement of bank employees in converting illegal currency into legal money.
The role of the Kanpur office employees of the Reserve Bank of India was also being examined, SSP Akhilesh Kumar Meena told PTI here.
"We are probing the role of RBI Kanpur branch in his matter.
They divulged information about the builder involved in converting black money into white by exchanging the old currency notes.
The Centre had banned currency notes in the denomination of Rs 500 and Rs 1,000 in November, 2016 to flush out black money, eliminate fake notes and stop terror-funding.