Rs. 64 lakh, including Rs. 58 lakh in new notes, seized by police in Jaipur

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Police in Jaipur in Rajasthan have seized Rs 64 lakh that included Rs 58 lakh in new Rs 2,000 notes.

Assistant Commissioner of Police, Ratan Singh said that the Income Tax Department had been informed the latest seizure.

Singh said that cops had recovered the cash from three individuals after being tipped off that they often exchanges currency on commission.

According to news agency ANI, Singh said, “Rs 64 lakhs seized from 3 people on information that they exchanged currency on commission. Rs 58 lakhs in new notes.”

This has come after income tax officials made recoveries of crores of rupees in new currency notes stashed by some individuals.

The CBI had Saturday recovered Rs 65 lakh in Rs 2,000 notes from as it probed a note exchange racket in Hyderabad.

K Sudheer Babu, the Senior Superintendent of Post Offices, had kept this amount as his commission for allegedly exchanging over Rs 3.75 crore of old currency with the new one, CBI said in a statement.

In Gujarat, Rs 39.8 lakh in cash was seized from two different cities in the state 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.

On the same day, income tax authorities made a seizure of Rs 5.7 crore cash in new notes, 32 kgs of gold biscuits and jewellery and Rs 90 lakh worth old notes stashed inside the bathroom tiles of a hawala dealer in the far-flung town of Challakere in Karnataka.

A fresh seizure of Rs 24 crore cash on Saturday in new notes was made by the Income Tax department, adding to the biggest haul of cash and gold post demonetisation, in which over Rs 142 crore unaccounted assets have been recovered in tax operations so far Chennai.

And if that wasn’t enough, cops in Delhi raided the office of a law firm in southeast Delhi’s Greater Kailash-I area and recovered Rs 10 crore in cash, of which Rs 2.5 crore was in new banknotes released after demonetisation.

 

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