Ahmedabad: In one of the biggest hauls of demonetized notes in Gujarat, old currency worth Rs 2.57 crore in denominations of Rs 1,000 and Rs 500 was seized from 11 persons by Vastrapur police in two incidents on Monday night.
Police have apprehended 11 persons including a land dealer and commission agents, and informed ED and I-T department.R P Dharsadiya, inspector of Vastrapur police station, said Rupesh Shah, 42, a resident of Vejalpur, had allegedly lured the agents from north and central Gujarat by promising to exchange the demonetized notes charging 85% commis sion.
Curiously, Shah later claimed that he did not have any money and had lured the accused to Ahmedabad to avenge a personal enmity . He claimed he was about to inform police.