Bengaluru Police arrest 3 for selling demonetised currency
The Jalahalli police have arrested three people who sold demonetised currency and offered commissions to the buyers.
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<p>The Bengaluru police have arrested three people who sold demonetised currency and offered commissions to the buyers.<br /> </p>
The Bengaluru police have arrested three people who sold demonetised currency and offered commissions to the buyers.
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<p>The arrested are Kiran Kumar (32), resident of Magadi Road, BR Praveen Kumar from Manasa Nagar and Pavan Kumar from Kalasipalyam.</p>
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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<p>According to police, they were arrested as they waited for customers with Rs 1,000 demonetised currency at an apartment in Jalahalli, North Bengaluru.</p>
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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<p>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.<br /> </p>
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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<p>The arrested men confessed that they lured people by saying they can use the demonetised currency for investment purposes.</p>
The arrested men confessed that they lured people by saying they can use the demonetised currency for investment purposes.