Scrapped notes worth 2.57 crore seized, 11 nabbed in Ahmedabad

Ahmedabad: Scrapped notes of Rs 1000 and 500 worth Rs 2.57 crore has been seized by police from two different places in Vastrapur police station area of the city and altogether 11 persons have been nabbed in this connection, police said today.

Based on a tip off seven people seated in three cars were nabbed from a service road near Thaltej crossing at around 0130 am past midnight and old scrapped notes worth 2 crore 37 lakh and 50 thousand were kept in sacks were recovered from them, PI Vastrapur R P Dharsandia said.

There were 16900 notes of Rs 1000 and 13700 notes of Rs 500 denominations. The three cars have also been seized. Those nabbed have been identified as consultant Rupesh Shah (42, resident of Vejalpur Ahmedabad), Baldev Patel (41, Himmatnagar), Hansmukh Patel (45, Vadodara), Viraj Khatik (20, Vadodara), Ashok Patel (48, Vadodara), Moinudding Faruki (42, Patan) and Sanjay Patel (47, Vijapur Mahesana.

In yet another incident four others were nabbed near Sarkari Vasahat road with scrapped notes worth Rs 20 lakh at around 3 am in the wee hours. Of these there were 2500 notes were of Rs 500 and 750 of Rs 1000.

Garsandia said that the income tax department has been informed about the seizure and the matter was under investigation.

The old notes were brought for exchange at a hefty commission.

DeshGujarat