Security agencies suspect that the seized cash could be part of funds used for Naxalite activities.
They said the seizure was made from a person travelling in a bus from the district in the afternoon.
"The force had some inputs that suspect cash was being transported from Chhattisgarh to Maharashtra. The interception was made on this basis and police are now investigating if this cash, in the demonetised currency notes, was part of Maoist activities," an official said.