Bharuch police on Saturday seized Rs 14 lakh in new Rs 2,000, along with notes of smaller denomination and scrapped currencies, from a bungalow in the city. The police said the owner of the house, Ankit Modi, was not present when they raided his house at Nilkantnagar in the city and found the cash in a bag lying in the drawing room.
Ankit Modi’s mother was present, and she reportedly told police that the cash belongs to her son. “Ankit Modi is into finance business and real estate. He is out of the town and we have called him and expect to get more information from his statement,” an officer said.