Maharashtra: Police find Rs 41 lakh in Rs 100 and Rs 2,000 notes, 11 people arrested
Three cars carrying the cash were intercepted while they were travelling from Nagpur to Karanja, officials said.
The Maharashtra Police on Friday arrested 11 people after finding Rs 41 lakh in Rs 100 and Rs 2,000 notes being ferried across the state in three cars, The Indian Express reported. The cars were intercepted while they were travelling from Nagpur to Karanja, officials said.
The Income Tax Department has been informed about the search operation and arrests, a senior officer said. The incident is one of several similar cash seizures by the police since the government demonetised Rs 500 and Rs 1,000 notes. Large sums of money have been found in fake bank accounts, and investigative teams have found hundreds of crores in new currency notes even as citizens struggle to get cash from banks.
On Tuesday, police in Maharashtra’s Thane district arrested three people after finding approximately Rs 1.04 crore in new Rs 2,000 currency notes on them. On the same day, investigators found more than Rs 19.4 crore and made several arrests in separate cases across the country. The Central Bureau of Investigation arrested a senior Reserve Bank of India official and two others in Bengaluru for exchanging old currency notes worth Rs 1.51 crore.
On Thursday, the Supreme Court asked the Centre how the I-T department was seizing crores of rupees in new currency every day when banks were not even being able to provide people with the weekly withdrawal limit of Rs 24,000. “Some have plenty [of new currency], and there are some who have nothing,” the bench observed. However, Attorney General Mukul Rohatgi said that Rs 7.5 lakh crore, including Rs 5 lakh crore in new currency notes, had been made available for transactions.