Police unearth inter-state demonetised currency racket
The Hindu
The Govindapura police recently unearthed a demonetised a currency racket and arrested a gang of five red-handed while they were waiting for their clients to hand over the consignment of currency note
The Govindapura police recently unearthed a demonetised a currency racket and arrested a gang of five red-handed while they were waiting for their clients to hand over the consignment of currency notes.
The accused have been identified as Sureshkumar, 32, a cloth merchant from K.R. Puram, Ramakrishna, 32, also a cloth merchant from Rajajinagar, Manjunath, 43, a farmer from Anekal, Venkatesh, 53, a BBMP sub-contractor from Hongasandra, Bengaluru and Dayanand, 45, a farmer from Hongasandra, Bengaluru. The police seized a total of ₹80 lakh worth demonetised ₹500 and ₹1,000 currency notes from them.
Based on a tip-off, a police team raided a place near a petrol pump station in HRBR Layout and arrested the accused who were waiting for the customer to hand over the backpack stuffed with the demonetised notes.
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