Rs 1 crore in demonetized notes seized in Gujarat; 4 arrested

An SOG team has left for Surat to further probe the matter

By: PTI | Bharuch | Published:May 28, 2017 3:54 pm
demonetization, scrapped notes, currency ban, note ban, fir, suv, currency notes, sog, cash ban, police, india news, indian express news Police found Rs. 10 lakh in banned Rs 500 and Rs 1000 notes from the vehicle. (Source: File)

Police on Sunday arrested four persons and seized scrapped currency notes in Rs 1,000 and Rs 500 denominations with a face value of over Rs 1 crore. Bharuch Special Operations Group (SOG) made the seizure and arrest after intercepting an SUV which was coming here from Surat in Sheetal Chowk area, a police official said. As many as 11,322 demonetised currency notes of Rs 1,000 and Rs 500, having a face value of Rs 1,01,98,000, were found in a travel bag kept in the vehicle, he said.

Four persons travelling in the SUV were arrested and an FIR was registered at Bharuch C Division police station after they failed to provide satisfactory reply about the source of the defunct bills, the official said.

The police gave the names of the arrested persons as Chatur Singh Sodha, a resident of Barmer in Rajasthan, Denis Gangani, from Bhavnagar, Himanshu Megdani and Viral Ranpariya, both hailing from Surat.

“We seized their mobile phones and documents they were carrying and launched an investigation,” the official said.

They did not reveal the source of the scrapped notes, but said they wanted to exchange them for a commission, the police said.

An SOG team has left for Surat to further probe the matter, he said.

The seizure comes a day after Rajkot police seized Rs 1 crore in scrapped notes and held two persons.

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  1. S
    Sankaran Krishnan
    May 28, 2017 at 4:22 pm
    As per Opposition Parties the entire set of banned notes of Rs.1000/- and Rs.500/- are exchanged through Banks and it is a failure and if the statement is true how come these banned notes are surfacing again and again across various Cities of India and it seems for the sake them and to eat their own words (or else something) these persons are caught hold of by the Police and now let us see how it goes from here and who is caught and the arrested persons has to reveal the details and these exposes shows the slap on the faces of Jugglery Figure Expert and RS back door MP Chidambaram and hope he too will swallow his own words against demonetization !!!
    Reply