Crime Branch nabs 3 in Rajkot with scrapped notes worth Rs 1 crore
April 10, 2017
Rajkot:
Scrapped notes of old Rs 500 and 1000 denominations worth one crore were recovered by crime branch of police from three persons in Rajkot city this evening.
PSI of crime branch A S Sonara said that Ashfaq Shaikh (34), Mustafa Jamal Saiyad (41) and Mohamed Jahid (39) (all residents of Bhavnagar) were nabbed on a tip off with the scrapped notes worth Rs one crore from near Kishanpara Chowk in the city at around 5pm this evening.
‘7900 notes of Rs 1000 (79 bundles worth Rs 79 lakhs) and 4200 notes of Rs 500 (42 bundles worth Rs 21 lakh) were found from a bag in their possession,’ he said.
They had come here from Bhavnagar with the scrapped notes to exchange them on a hefty commission. They have been arrested and were interrogated.
The matter is under investigation.
DeshGujarat
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