Rs 4 crore in demonetized notes seized in Godhra

AHMEDABAD: The Gujarat ATS along with Godhra police, based on a specific tip-off, recovered more than Rs 4 crore in demonetized currency notes from two persons in Godhra on Tuesday evening. ATS sources said they were counting the notes and the value could be higher. “An FIR is yet to be registered as the legal process for seizing the demonetized notes is under way,” added an ATS official.
According to an ATS official, an SP-rank officer got a tip-off about demonetized notes lying with three persons, Zuber Hayat and his father Idrish Hayat, residents of Mohammadi Society, and Farooq Chota of Maulana Azad Road.
“On Tuesday evening, we raided the house of Idrish Hayat and found the demonetized notes. We have caught Zuber Hayat and Farooq Chota while Idrish Hayat is absconding,” added a senior ATS official.
ATS officials said more such notes could be recovered. “We are questioning the accused about who the notes were going to be given to, to exchange and at what rate,” an ATS official said.
Sources said more notes could be seized are investigators are searching other premises based on the interrogation of the accused.