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Demonetisation of Rs 500 and 1000 notes was introduced by PM Modi in November final 12 months. (File)
Demonetised forex notes with a face worth of Rs 18.60 lakh had been recovered from two individuals on the previous bus terminus space right here on Monday, police stated. We have seized previous Rs 1,000 and 500 notes, they stated including two individuals had been arrested on this connection. A probe is on to determine the supply of the cash, police stated.
The Center had rendered the previous Rs 500 and Rs 1000 notes unlawful on November 8, 2016, when Prime Minister Narendra Modi
introduced demonetization to crackdown on black cash and put a lid on counterfeit notes which can be often used to fund terror.
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