While Rs 17.40 lakh were seized from a man in Wadala gaon locality of the city, Rs 13 lakh were recovered from three men at a garden here. Both the seizures took place between 2 am and 3 am, a police official said.
“Based on a tip-off that a person is carrying 850 currency notes of Rs 2,000 denomination in order to facilitate the exchange the banned bills of Rs 1,000 and Rs 500, a squad of Indira Nagar police station laid a trap at Wadalagaon and seized the notes from one Asad Jakir Sayyad (29) around 2 am today,” Assistant Commissioner of Police (Crime) Sachin Gore said in a release.
In the second incident, 650 notes of Rs 2,000 denomination worth Rs 13 lakh were seized from three persons identified as Roshan Walecha (26), Gorakh Gofane (46) and Sayajad Motwani (35), he said.
All of them have been taken into custody and the Income Tax department has been informed about the seizure, police said.
PTI