Rs 35 lakh worth banned notes seized in Rajasthan

The Government Railway Police (GRP) seized Rs 10 lakh at the Jodhpur Railway Station this evening.

Update: 2016-11-20 03:27 GMT
India's benchmark 10-year bond yields have dived 36 bps to 6.44 per cent, a 7-1/2 year low, since Modi's banknotes announcement.

Jodhpur: Demonetised currency notes worth Rs35 lakh were seized in the past two days from different areas here, police said on Saturday.

The Government Railway Police (GRP) seized Rs 10 lakh at the Jodhpur Railway Station this evening, SP (GRP) Lalit Maheshwari said.

"Demonetised notes of Rs 1,000 were found in the luggage of an elderly couple. A GRP team found their behaviour suspicious and checked their bags," he said.

"Ten bundles of Rs 1,000 notes and one bundle of Rs 100 notes were seized from them," the SP said, adding during enquiry the couple could not provide any satisfactory reply.

IT officials have been informed about the seizure, he added.

The couple was waiting to board a train to Vishakhapatnam.

They accepted the money belonged to them and was meant to be invested in some business, the SP added.

Meanwhile, the Jodhpur police found Rs 25 lakh in bundles of demonetised currency notes in a passenger bus on Friday night, police said.

The money was is still unclaimed, SP (Rural) Harendra Mahawar said.

"A private passenger bus going to Ahmedabad from Bikaner was intercepted at Khedapa police station near Jodhpur following a tip-off," he said.

On checking the bus, we found a black bag behind the driver's seat containing bundles of Rs 1,000 and Rs 500 currency notes, the Rural SP said.

There was Rs 25 lakh in the bag which was handed over to the IT department on Saturday, he added.

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