In a major breakthrough, Delhi Police on Tuesday apprehended a 45-year-old man for possessing demonetised currency between Rs 5 to 6 crore in West Delhi’s Janakpuri area. According to the police, the accused has been identified as Anil Jain, a businessman who deals in chit funds.
Apart from Jain, two other persons have also been held by the Delhi Police. They all are being questioned by the Crime Branch to ascertain their modus operandi, said police sources.
Crime Branch on Tuesday carried out raids at a house in West Delhi’s Janakpuri area where police found old currency notes to the tunes of Rs 5 to 6 crores.
Madhur Verma, Deputy Commissioner of Police (Crime) and Delhi Police Spokesperson said, “On Tuesday, raids were conducted by the Delhi Police and the Income Tax department based on a tip off that one person has claimed to exchange old currency notes with Rs 5 to 6 crores in the denomination of 500 and 1,000. He was allegedly exchanging old currency notes with new currency notes in the ratio of 50:50. Following which, income tax officials were informed.