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New currency notes worth Rs 71 lac seized at Karkala

New currency notes worth Rs 71 lac seized at Karkala

Mangalore Today News Network

Karkala Dec 2, 2016: Karkala Police have succeeded  in arresting three persons for carrying  huge amount of unaccounted cash of Rs 71 lac in new Rs 2,000 currency notes at Bailoor on Friday December 2.

new currecyThe arrested have been identified as Imran, Asif and Deepak residents of Kudroli in Mangaluru. Police have seized the cash and car from their possession.

Police led by John Antony intercepted their ford car (KA 19 MA 7629) at Bailoor. Three youths found transporting new currencies notes of Rs 2,000 worth Rs 71 lac. Arrested failed neither to justify nor to produce any documents. It is said that money was being transported to a designated place in Karkala from Mangaluru via Udupi.

The money seized and the arrested persons were handed over to income tax officials in Mangaluru for further enquiry

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Comments on this Article
Ashitha prakash, Kinnigoli Fri, December-2-2016, 5:09
Oh God is the bank also having connection with such people . How from where are they getting the cash. That’s why common people are facing problems of money presently. Demonetization has effected only one’s dealing with black money. Because of them others are facing shortage of money in banks
Nagesh Kini, Moodabidri Fri, December-2-2016, 5:04
How did they so much money? there was a limit for cash exchange
SumaHaridas, Mangaluru Fri, December-2-2016, 5:02
If people keeps on storing new currencies then how will others get money naturally
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