Bengaluru Police arrest 3 for selling demonetised currency

First Published 30, Jul 2020, 10:42 AM

 The Jalahalli police have arrested three people who sold demonetised currency and offered commissions to the buyers.
 

<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.
 

<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.

<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.

<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.
 

<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.

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