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  Rashtriya Sahara Roznama Sahara
Banned notes worth Rs 30 cr seized in Bengaluru
Last Updated : 14 Apr 2017 04:19:56 PM IST
file photo
file photo
 

Demonetised currency notes worth Rs 30 crore were seized from a former corporator's house in the Bengluru's western suburb, police said on Friday.

 

"We found the illegal cash in the house of ex-corporator Nagaraj, 54, during a search conducted on a court warrant in a criminal case and seized the banned notes in Rs 500 and Rs 1,000 denomination," Hennur Police Station Inspector N. Srinivas told .

 

Nagaraj was not present when the police knocked at his house around 5.00 a.m., as he allegedly fled on learning about the search team.

 

Police also faced resistance from Nagaraj's family in entering the house and had to break open the main door with the help of a blacksmith for the search operation.

 

"As the search operation is continuing, further details will be given later," said Srinivas.

 

Nagaraj is alleged to have been involved in converting black money into white by exchanging the old currency notes since they were banned on November 8.

 

 



IANS
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