News Karnataka
Thursday, June 01 2023

New currency worth Rs 37 lakh seized, one arrested

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Chitradurga: A person carrying Rs 37.30 lakh in Rs 2,000 denomination notes illegally was arrested by police on Monday.

Arrest currency 2Ramakrishna from Pavagada is the arrested. On credible information, Inspector K Samiulla along with PSI Satish Nayak and their team arrested Ramakrishna who was trying to flee. They also seized the cash.

Ramakrishna was involved in exchange of old Rs 500 and Rs 1,000 notes with new notes of Rs 2,000 denomination. He was also in touch with Challakere-based traders and assured them to exchange notes, said police sources. Challakere police swung into action after they received a complaint from a trader Santosh Kumar.

Challakere police have registered a case.

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