The seized amount includes Rs 24 lakh in Rs 2,000 denomination notes the rest of the sum are in the denominations of Rs 500, Rs 100 and Rs 10 notes.
All accused had come from New Delhi and rented a room in a city-based hotel.
The police received information that the eight persons had a dispute over the money and were having heated arguments in their hotel room, after which a police team reached the spot, SHO of Sindhi Camp police station, Manphool Singh said.
After which the cash was seized and the accused were arrested under relevant CrPC sections, the officer said.
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