Two arrested in Gujarat with Rs 2000 fake notes worth Rs 26 lakhs
The arrested were acting as 'commission agents' to convert black money into white.
Two persons were arrested with the fake notes of rs 2000 worth Rs 26 lakh from Kothariya village on outskirts of Rajkot city in Gujarat.
The arrested were acting as 'commission agents' to convert black money into white. According to Aji dam police station officials, they were identified as Pratik Soni (28), a resident of Jayraj Plot and Hiren Chau (19), a resident of Sadhu Vasavani Road.
"The duo was riding a bike on Kothariya Road on Thursday night. Finding their movement suspicious, we checked them and found four new currency notes. When grilled further about the source of money, they could not explain. So, they were brought to police station for questioning," said a police official.
"We have informed to income tax department about the duo and they will now probe the matter further," said Aji dam police station official.
As per the information from sources, since Prime Minister Narendra Modi announced demonetization of Rs 500 and Rs 1,000 notes such commission agents have cropped up to convert black money into white.