Demonetisation: Rs 61.98 lakh unaccounted money seized from bus passenger

Kozhikode: Unaccounted cash to the tune of Rs 61.98 lakh, mostly in the scrapped Rs 1,000 denomination, was seized from a passenger at the bus stand here and the man taken into custody, police said.

The seizure was made by a police team led by Nadakkav Sub-Inspector Gopakumar during a routine check when 45-year old Rasheed from Ernakulam district, who arrived here by a bus, came out of the KSRTC bus stand at 4.30 am, they said.

Bundles of Rs 1,000 notes were found in his baggage following which he was taken to the Nadakkav police station.

Police said there were 61 bundles of Rs 1,000 notes besides some other denomination, including Rs 50, amounting to Rs 61,98,100.

The passenger could not provide any supporting document to account for the cash, police said, adding the seized notes have been sent to bank for verifying their genuineness after which further action would be taken.