Cash worth Rs 39.8 lakh was seized from two different cities in the state of Gujarat today, of which Rs 24 lakh was in Rs 2,000 currency notes.
Acting on a tip-off, sleuths of Special Operations Group (SOG) in Ahmedabad seized Rs 21,77,650 in cash and detained four persons who were allegedly carrying those to exchange old notes for a commission, SOG police inspector V H Jadeja said.
The seized cash includes new currency notes of Rs 2,000 and Rs 500 worth over Rs 10 lakh, while remaining notes are of Rs 100, Rs 50, Rs 20 and Rs 10 denominations. Those detained will be handed over to the Income Tax department for further investigation,V H Jadeja, Police Inspector, Special Operations Group
In a related incident, police in Bharuch town in south Gujarat seized Rs 18 lakh cash, some of which was in new currency notes, from a residential apartment and detained three persons for questioning.
A division police searched the house of one R L Modi and seized the money from him. The cash included Rs 14 lakh in Rs 2,000 notes, four notes of Rs 500 denomination, as well as notes of Rs 100 and Rs 50 denominations.
Two other persons detained along with him have been identified as Bina Modi and Ankit Modi, police said.
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