Biggest haul of demonetised currency ; cash worth Rs. 100 crore seized from Kanpur house
Kanpur, Jan 17 (IBNS) : In possibly the biggest haul of banned notes, the National Investigation Agency (NIA) and Uttar Pradesh Police have recovered demonetised currency notes worth close to Rs 100 crore from a house in Kanpur in Uttar Pradesh, media reports said.
Two persons have been arrested in connection with the recovery.
The haul, with banned notes making up a bed-sized stack of cash, is the biggest since Rs 500 and Rs 1000 notes were removed as legal tender in November 2016 during the demonetisation drive.
According to a Hindustan Times report, an NIA official said that the currency belonged to four-five "individuals or companies", including a prominent detergent-maker.
The police named the owner of the house as Ashok Khatri, who runs a money exchange business. "We received information of the presence of demonetised currency worth crores at a person's residential premises in Kanpur, and a raid was conducted," senior police officer AK Meena was quoted by NDTV, adding that they were still counting the recovered currency.
The police said it received information of presence of demonetised currency worth crores at a person’s residential premises in Kanpur, following which a raid was conducted.
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