4 held with demonetised currency worth 35 crore in Gujarat

  • | Monday | 11th February, 2019

SURAT: Navsari crime branch officials on Monday seized demonetised currency notes to the tune of Rs 3.5 crore from four persons in Undach village near Surat late on Sunday. The four accused persons have been arrested.Police said two of the accused hail from Mumbai while the remaining two are from Gujarat Police found 42,300 currency notes in Rs 500 denomination and 13,432 notes in Rs 1,000 denomination from Jitendra R Panigrahi, Fair G Motorwala, Khara Abrama, Mahomad Mubin M Shekhi and Altaf A Shekih.Police said that they had set a trap following a tip off in Undach.Following the primary interrogation, it has come to the light that these people used to collect demonetised currency at the rate of 7 paise per rupee and then sell it at the rate of Rs 10 paise per rupee.

Read Full Article Here

If You Like This Story, Support NYOOOZ

NYOOOZ SUPPORTER

NYOOOZ FRIEND

Your support to NYOOOZ will help us to continue create and publish news for and from smaller cities, which also need equal voice as much as citizens living in bigger cities have through mainstream media organizations.


Stay updated with all the Latest Surat headlines here. For more exclusive & live news updates from all around India, stay connected with NYOOOZ.

Related Articles