New currency worth Rs 3.18 crore seized

rsRaids are being carried out across the country by the Income Tax Department in the wake of the burgeoning fake currency racket post demonetisation, as currencies both new and old have been seized in large amounts from Bengaluru, Panjim and Faridabadbesides the national capital.

Rs 2.25 crore has been seized in Bengaluru by the I-T Department in new currency, while Rs 68 lakh has been seized in Panjim.

In Faridabad, four were arrested with new currency of over Rs 25 lakh in the new Rs 2000 notes.

Meanwhile, in Delhi, yet another raid was carried out at a hotel in Karol Bagh following which the massive amount of Rs 3.25 crore was recovered in old notes.

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