Ten people have been arrested with ₹1 crore in demonetised currency notes, the police said on Tuesday. They were allegedly ferrying the money to Nepal as demonetised currency is still accepted there, the accused told the police.
SSP Vaibhav Krishna said the Kavi Nagar police intercepted two sedans following a tip-off. A search of the vehicles led to the recovery of ₹50 lakh each in demonetised notes. The accused have been identified as Avtar, Gaurav, Rajesh, Pintoo, Rahul, Arun, Deepak, Rahul, Kavya, and Sachin.
Deepak, the alleged kingpin, told the police that the money belonged to Arun. Deepak said he was promised a commission of 4% for taking it to Nepal.
Arun claimed the money belonged to a person from Agra. Greater Noida resident Anil had allegedly promised Arun a hefty commission for transporting demonetised ₹200 crore to Nepal in future. An FIR has been lodged under sections of the Prevention of Money Laundering Act and the Bank Notes Act, officials said.