The shoe, however, missed its target and the youth was nabbed.
The incident took place this evening when Kejriwal, the convenor of Aam Aadmi Party, was addressing 'Tijori Tod Bhanda Fod' rally against the demonetisation move.
The shoe was hurled towards Kejriwal when attacked the Prime Minister over the demonetisation decision, terming it as a "scam".
"The shoe did not hit Kejriwal ji," said AAP's senior leader from Haryana, Navin Jaihind, who was also present.
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The accused identified as Vikas (26), was a resident of Mori Makrana village, district Dadri in Haryana, a senior police official told PTI.
"He is graduate and unemployed. When we questioned him, he said that he was hurt by Kejriwal's statements on the SYL issue which went against Haryana's interests. At the time of being questioned, the youth did not seem to be in sound mental condition," the police official added.
Kejriwal said the incident proved Modi's "cowardice".
Attacking the Prime Minister on demonetisation, he said the move had "made poor farmers stand in long queues for their own money."
Kejriwal alleged that the BJP leadership had sounded their near and dear ones before announcing demonetisation.
He termed demonetisation as the "biggest scam" in the country post Independence.
Delhi Deputy CM Manish Sisodia also targeted Modi and criticised demonetisation, claiming it had failed to achieve the desired objectives of ending corruption, black money, fake currency and funding of terror networks.
Speaking on the occasion, Jaihind claimed that AAP will win 100 of the 117 seats of the poll-bound Punjab state.
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