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Hyderabad: Rag-picker finds old notes worth Rs 16 lakh

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HYDERABAD: Demonetized currency worth Rs 16 lakh was found by a rag-picker near the Vajpayee Nagar railway gate in Neredmet.

According to reports published in Deccan Chronicle, the 58-year-old rag picker rag picker Chanda Gangubai, the wife of late Chanda Singh collecting waste at around 10 am on Thursday saw a heavy white opaque plastic bag containing old Rs 500 and Rs 1,000 notes.

The rag-picker brought the amount in a packet and handed it over to the cops.

“The currency notes were found in a white plastic bag and were in Rs 500 and Rs 1,000 denominations of banned currency notes. They were old notes and not newly printed,” said SI Srinivas Rao of Neredmet. Although there are no CCTV cameras in those area police officials are enquiring with locals for clues regarding the bag owner.

“There is a CCTV camera near the rail track but it does not cover the area where the stash was found. We are checking if anything suspicious was seen by anyone,” added the SI.

A case under Section 102 of CrPC and Section 7 of the Cessation of Liabilities Act was booked and investigation is underway.