Rs 83.76 lakh of mixed cash recovered from Jewelers’ home in Bhuj, 1780 notes of Rs 2000

Bhuj/Rajkot: Close on heels of the seizure of around Rs 56 lakhs of valid currency and arrest of seven people from three places in Morbi and Rajkot districts, the local crime branch (LCB) of West Kutch police today recovered cash worth 83 lakh 76 thousand in valid and scrapped currency from the house of a jewelry shop owner in the headquarter town Bhuj, police said.

Of the seized note 1780 were of Rs 2000 denomination (worth Rs 3560000), 3282 were of demonetized Rs 1000 (worth Rs 3282000), 3028 of scrapped Rs 500 (worth Rs 1514000) and 2000 were of Rs 100 (worth Rs 200000).

SP West Kutch Makrand Chauhan said that based on a tip off, the LCB sleuths conducted a raid at the residence of jeweler Kishorbhai Gatheya situated in house number 30 in the orient colony of Bhuj. He has claimed that the notes recovered from a bag belonged to him and of the 3 other persons present there, one was the staff of his shop K C Jewelers and two others were his acquaintances. It is however understood that the money was being exchanged there.

Income Tax department has been informed about the recovery for further investigation.

Earlier Rs 29 lakh with around Rs 12 lakh in Rs 2000 denomination and Rs 17.06 lakh (all in Rs 2000 denomination) were recovered from two places in Morbi while over Rs 10 lakh of valid notes were seized from Rajkot during last 48 hours. Altogether eight people were nabbed in this connection.

DeshGujarat