The Ludhiana police Saturday recovered Rs 45 lakh of unaccounted cash from an employee of a jewellry shop in Ghumar Mandi area near Khalsa College for Women on Rani Jhansi Road.
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The cash was in denominations of the now-demonetised Rs 500 and Rs 1,000. As per police, the employee claimed that he was going to the bank to deposit the money but wasn’t able to produce any proof.
The traffic police had installed a naaka (checkpoint) in the area and stopped Yogesh Chopra, who was not wearing a helmet while riding a scooter.
On checking, the police recovered two bags filled with cash. The income tax department was informed and cash was handed over to them. The man was identified as an employee of Tripti Jewellers at Sarafa Bazaar of Ludhiana, an old market known for its jewelry shops in Ludhiana.