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UP resident among 2 held with Demonetised Rs 50 Lakh in Kashmir

Last Modified Monday, 8 January 2018 (12:04 IST)
Srinagar: Two persons, including a resident of (UP), were arrested with Rs 50 Lakh notes in Kashmir valley, a police spokesman said here on Sunday.He said a police party of Police Post Baghiyas, apprehended two persons during a surprise Naka checking near and recovered demonetised currency of Rs 50 lakh from their possession.The accused were later identified as Rather, resident of Syedpora Rafiabad and Akeel Ahmad Khan, resident of Kanpur (UP), at present residing in Baramulla.

Accordingly, cognisance was taken under the specified Bank notes (Cessation and Liabilities) Act, 2017 and further investigation taken up. The accused will be presented before the competent Court for judicial determination, he added. (UNI) 
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