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Banned Notes Worth 6 Crores Seized In Maharashtra’s Osmanabad District

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Sting Newz Web Desk: Amid the government’s demonetisation move, Rs. six crore in scrapped notes of Rs. 1000 and Rs. 500 was today seized from a vehicle in Maharashtra’s Osmanabad district.

However, the persons carrying the cash in the vehicle claimed that the money belonged to an urban cooperative bank and was being taken to its headquarters, police said.

An election squad, on duty on Osmanabad-Tuljapur bypass road, intercepted a car this morning and found six bags of demonetised currency notes of Rs. 1,000 and 500 in it, they said.

The squad then alerted Tuljapur Police Station, following which police personnel reached the spot and detained the persons who were in the vehicle, police said, adding the vehicle was also impounded.

During investigation, those detained claimed to be personnel of an urban cooperative bank. They claimed that the money belonged to the bank and was being taken to its headquarters in Sangli, police said.

Meanwhile, statements of those detained are being recorded and Osmanabad police have started ‘in-camera’ counting of the currency as part of its verification process. -PTI

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