Kothur police nab two, seize new & old notes worth Rs 82 lakh

Hyderabad, Dec.10: While the cash-starved common man was patiently waiting at ATM centers for a couple of hours, huge sums of new currency notes being seized from note exchange gangs benumbing the people. In the latest case of currency note exchange racket, the Kothur police in Ranga Reddy district recovered a huge amount from racketeers on Saturday. Out the seized cash, new Rs 2,000 currency notes worth Rs 27 lakh and the remaining R 10 lakh notes in the form of Rs 10, Rs 20 and Rs 100 were found. While the note exchange racketeers were returning with the huge, the police intercepted them and seized the cash. The police arrested the racketeers and interrogating them from where they got the currency notes. The Kothur police seized notes valued at Rs 82 lakh, of which notes worth Rs 76 lakh were new notes and the remaining demonetized notes.