Rs 50 lakh in cash seized from 2 places in Gujarat, five nabbed

Rs 50 lakh in cash seized from 2 places in Gujarat, five nabbed

Ahmedabad/Bharuch: A day after recovery of Rs 76 lakhs from a car in Surat, Police today recovered around Rs 50 lakh in cash from two places in Ahmedabad and Bharuch and arrested altogether five people in connection with their alleged involvement in illegal exchange of old scrapped notes.

The special operation group of the crime branch in Ahmedbad nabbed four people from a car and a motor cycle close to C G road and recovered Rs 2177650 from them. ‘The arrests were made on a tip off about these people involved in illegal exchange of old scrapped currency on commission. The matter has been informed to the IT department,’ a police official said.

In another incident police nabbed one person from his residence in Chintan Nagar locality of Bharuch city and recovered old and new notes worth around Rs 18 lakh from his possession. He is also said to be involved in illegal note exchange.

DeshGujarat