The accused was carrying the scrapped banknotes in a bid to exchange them with new currency at 25% value; police suspect the money may belong to a terror outfit
Tinsukia: Even more than two years after Prime Minister Narendra Modi demonetised notes of Rs 500 and Rs 1,000 denominations, Assam police seized demonetised currency notes having a face value of Rs 10 lakh during checking at a mobile check-post in Assam's Golaghat district and nabbed a local resident, an official said.
The scrapped banknotes in denominations of Rs 500 were found stuffed in a bag carried by the accused, Biman Gogoi alias Pinku, a resident of Merapani in the district.
Talking to EastMojo, additional superintendent of Golaghat police Surjeet Singh Panesar said, "We had information about a person planning to exchange demonetised notes with new currency."
"Based on the leads, we established a contact and laid a trap. The operation was led by deputy suprintendent of police Partha Pratim Saikia under supervision of SP Pushpraj Singh," Panesar said, adding: "On Saturday evening, we intercepted a vehicle at a mobile check-post and recovered the demonetised currency."
Panesar said that the money was brought from Nagaland. "We suspect that the money might belong to a terror outfit. Investigation is underway and interrogation of the accused will throw more light," he added.
According to sources, two more persons were picked up in this connection.