The Bengaluru police have arrested three people who sold demonetised currency and offered commissions to the buyers.
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The arrested are Kiran Kumar (32), resident of Magadi Road, BR Praveen Kumar from Manasa Nagar and Pavan Kumar from Kalasipalyam.
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According to police, they were arrested as they waited for customers with Rs 1,000 demonetised currency at an apartment in Jalahalli, North Bengaluru.
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The police have seized old notes worth Rs 30 lakh from the trio and they have been booked under cheating and the Specified Bank Notes (Cessation of Liabilities) Act.
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The arrested men confessed that they lured people by saying they can use the demonetised currency for investment purposes.
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