Rs 37 lakh in new currency notes seized from Kerala businessman

Meanwhile, the Income Tax department has seized over Rs 80 crore worth of new notes from across the country as part of its country-wide operations against black money hoarders.

By: Express Web Desk | New Delhi | Published:December 24, 2016 12:58 pm
 demonetisation, demonetisation news, Kerala police, 37 lakh seized from Kerala businessman, Kerala-demonetisation, currency ban, income tax, new notes seized, Indian Express (Representational Image)

In yet another crackdown on black money post demonetisation, Kerala Police on Saturday confiscated Rs 37 lakh in new currency notes from a businessman in Malappuram district, news agency ANI reported. The seizure took place in Tirur town of the district. Police also seized Rs 2.5 lakh from another local.

Meanwhile, the Income Tax department has seized over Rs 80 crore worth of new notes from across the country as part of its country-wide operations against black money hoarders.

More details to follow.

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  1. N
    NAGU
    Dec 24, 2016 at 8:31 am
    Mysore's ''Note Mudrana PRESS '' is controlled by RBI , Rs. 2000 Notes have been printed in bulk, at the same time it is GOD'S GIFT and GOLDEN OPPORTUNITY for all Bank Managers to become Crorepathy by exchanging New Rs.2000 Notes to Builders, Film Stars, Jewellery merchants etc , thanks to MODI and his idea of Demonetization. lt;br/gt;Naagu
    Reply
    1. S
      s s nair
      Dec 24, 2016 at 8:06 am
      sOME ONE MUST HAVE THOUGHT WHEN IN ALL THE STATES CURRENCY IS SMUGGLED WHY SHOULD KERALA LAG BEHIND.
      Reply
    2. I
      Indian
      Dec 24, 2016 at 1:56 pm
      Kerala is the HUB of FAKE PA-KI Printed Indian Currency and HAWALA MONEY from Gulf Countries. .......... Huge Currency exchange racket is happening in Kerala but as both ruling CPM led LDF and opposition CONgress led UDF are doing everything to defeat the demonetisation efforts of Mr MODI, more people are not being caught.
      Reply