The police on Monday seized Rs Rs 4.8 crore in demonetised currency notes from Kalayarkoil area of Tamil Nadu’s Sivaganga district.
According to police, the demonetised currency notes were allegedly confiscated from the house of physiotherapist Arul Chinnappan.
Police made the seizure based on a tip-off. They said the seized currencies were in the denominations of Rs 1000. A case has been registered and an investigation into the matter is underway. (ANI)
On 8 November 2016, the Government of India announced the demonetisation of all 500 and 1,000 banknotes of the Mahatma Gandhi Series. It also announced the issuance of new 500 and 2,000 banknotes in exchange for the demonetised banknotes.