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Guj: 2 held with Rs 1.99 lakh in demonetised notes

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Press Trust of India Rajkot
Last Updated : Sep 01 2018 | 4:25 PM IST

Two persons were arrested with demonetised notes with a face value of Rs 1.99 lakh, police said Saturday.

Jagdish Raioyani and Budha Dhrangiya were arrested Friday night from Yagnik Road here by the Crime Branch following a tip-off and demonetised notes with a face vale of Rs 1.99 lakh were seized, said inspector H M Gadhavi.

"Raioyani, a native of Morbi, and Dhrangiya, who hails from Jamnagar, have told us that the scrapped currency was given to them by one Amrut, also a resident of Morbi. Efforts are on to apprehend him," Gadhavi said.

He said that further probe into any possible racket of people exchanging demonetised notes with valid ones was underway.

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First Published: Sep 01 2018 | 4:25 PM IST

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