Rs 10.5 lakh in scrapped notes recovered from open plot
An Indian vendor displays wallets made from replica prints of the demonetised 500 and 1000 INR currency notes prints for sale at a stall in Mumbai on November 22, 2016.
India's Prime Minister Narendra Modi announced on November 8 that that 500 and 1,000 rupee ($7.50, $15) bills -- 85 percent of the cash in circulation -- would cease to be legal tender in a crackdown on fraud and tax evasion. The move -- which saw the notes withdrawn from circulation just hours after the announcement -- was initially welcomed, but frustrations have mounted in the largely cash-reliant country where millions have been left without enough to cover their daily needs.
/ AFP PHOTO / INDRANIL MUKHERJEE
Aurangabad: Police today recovered Rs 10.50 lakh in demonetised notes from an open plot in Cidco N2 sector here.
The junked notes were found abandoned in an open plot, sub-inspector Shivaji Kamble said.
Mukundwadi police was informed by a person who saw the notes lying in the plot and after which cops recovered them, the officer said.
No arrest has been made so far in this connection, he said, adding a probe was underway