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Demonetised notes worth ₹3 crore seized in Pune

Posted by: | Posted on: December 3, 2019

first_imgThe city police have detained five men, including a municipal councillor from Ahmednagar district, for allegedly carrying demonetised notes to the tune of nearly ₹ 3 crore.A team from the Khadak police nabbed the accused from Pune’s Raviwar Peth area late Thursday and seized over 48,000 demonetised currency notes in denominations of ₹ 1,000 and ₹500.The face value of the seized notes is around ₹2.99 crore, said senior police inspector Rajendra Mokashi, in charge of Khadak police station.Those detained include Gajendra Abhang (48), a member of the Sangamner municipal council in Ahmednagar, along with Vijay Shinde (38), Aditya Ghavan (25), Navnath Bhandagale (28) – all from Pune – and Suraj Jagtap (40) of Satara district. They have been booked under relevant sections of the Specified Bank Notes (Cessation of Liabilities) Act, 2017.“Acting on a tip-off, we caught the five men when they attempted to exchange the demonetized currency notes. Further investigations are on,” said Mr. Mokashi.last_img





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