On March 3, 2018, The Gurgaon Police arrested five people and seized over 49 lakhs in old currency notes of rupees 500 and 1000 notes. The accused were trying to change the old currency with new ones on March 1, they said.
The police crime branch received information about four youths and a team immediately intercepted their car at the Himgiri Chowk at Sector 10.
Gurgaon police PRO Ravinder Kumar said “ We have arrested them and seized the car. During the search, the police team found a suitcase containing 49.90 lakh in old currency notes.”
The people involved were identified as Sanjay Lal, Bithal Keser, Lucky Sharma, Satya Narayan Mandal have been arrested.
Mr Ravinder Kumar said, “ During interrogation, Sanjay Lal revealed that Rajesh Kumar Miglani, a Noida based resident, had given the old notes.” He further said that “On Friday, a police team asked Sanjay to contact Miglani and inform him that the job had been done. He fixed a meeting at the AIIMS metro station. When Miglani came to AIIMS, the police team arrested him.”
A case under relevant IPC sections has been registered at the Sector 10 police station.
A similar case occurred on January 17 Wednesday in Aligarh, Agra. Five people were arrested from a hotel in Aligarh with demonetized currency worth 50 lakh. Atul Srivastava, the SP (city) of Aligarh said that a local businessman named Nitin Agarwal had made a deal of exchanging the demonetized currency which was being carried out in the hotel. The other four suspects were identified as Nitin Saxena, Gajendra, Pradeep Kumar and Bhuvnesh. He said that the police also informed the Income Tax Department and that cases under section 420 (cheating) and 5/7 under Specified Bank Notes Act 2017 were registered.
University Law College, Odisha