Police have seized unaccounted cash worth Rs 4 crore in demonetised Rs 1,000 denomination notes from a Maharashtra-based trader at a checkpost in Burhanpur district in Madhya Pradesh.
The seizure was made last night, Burhanpur Superintendent of Police Anil Singh Kushwaha told PTI.
“We seized the currency from Shabbir Hussain, a trader based in Malkapur in Buldhana district of Maharashtra, during a screening at the checkpost. The entire cash stock was in the scrapped Rs 1,000 notes,” the SP said.
Police have informed Income Tax officials about the seizure and they are carrying out further probe into it.