Mangaluru: Demonetized currency notes worth Rs 1.92 cr seized

Mangalore Today News Network

Mangaluru, Nov 19, 2021: The city police have seized Rs 1.92 crores worth demonetized currency notes of Rs 1000 and Rs 500 denominations and have arrested three persons near Lalbagh on November 18, Thursday.

Demonetised notes

Those arrested are Zubair Hammabba (52) of Kannur Borugudde, Deepak Kumar (32) of Padil Veeranagar and Abdul Nasir of Bajpe.

City Police Commissioner N Shashi Kumar who provided the above information, said the accused had in their possession demonetized currency notes of Rs 1000 denomination worth Rs 50 lakh apart from currency notes of 500 denomination.

The Barke police who were investigating a theft case, had intercepted a car in Lalbagh area on suspicion on Thursday when the cash was unearthed.

Police have seized the car used by the accused.

DCP Hariram Shanker, ACP P A Hegde and others were present at the press meet.

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