Demonetised currency of Rs2.86 million face value seized in Surat

Surat: Police have seized demonetised currency notes of Rs500 and Rs1,000 denomination having a face value of Rs2.86 million from Randher locality in city on Tuesday and detained five persons in this connection.
During a routine patrolling, police intercepted two cars near Randher causeway and on checking them, demonetised currency notes with face value of Rs2.86 million was found. Five persons were detained along with a car, an official from Randher police station said.
Police seized 3,486 notes of Rs500 denomination and 1,125 notes of Rs1,000 denomination, the official said.
The detained persons have been identified as Kalpesh Gandhi, Panyalal Bhavsar, Md Waji Malik, Asfaq Unani and Arun Mistry. The seized notes were handed over to the Income Tax department which will carry out further investigation, the official said.