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20 Feb 2018, Edition - 952, Tuesday

FLASH NEWS:

  • 17 months before PNB scandal, RBI red flagged loan swindles, cautioned against swift abuse
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  • BJP has registered a thumping victory in Vadnagar Nagarpalika, winning seats in the civic body polls.

Kerala News

Demonetised notes worth Rs. 30 lakh seized

Covai Post Network

KOCHI: Demonetised currency notes having a face value of Rs. 30 lakh were seized from three persons at Chavakkad near Guruvayur on  Wednesday.

A team led by Circle Inspector K.G. Suresh arrested Sajikumar of Punalur in Kollam, Abhilash of Koratty in Thrissur and S K Mani of Varkala in Thiruvananthapuram and seized banned currency notes of Rs. 1000 and 500 denomination.

Sajikumar is a contractor from Gujarat from where the notes were brought.

Mani is a teacher in a tutorial, while Abhilash is a timber merchant. It is learnt that Abhilash had offered them Rs 7 lakh in exchange of the banned notes.