Symbolic photo.
Hapur. Recently, fake currency notes worth crores were found in the currency chest of Punjab National Bank in Saharanpur, UP. Now, during checking in Hapur, UP Police has recovered demonetised notes worth Rs 1.43 crore from a bike. On suspicion, Hapur Dehat police stopped the bike rider near the petrol pump in Tatarpur Chowki area. On searching the bike, demonetised notes were recovered. The police is now interrogating Devendra who was driving the bike to find out whose the notes belonged to and where Devendra was taking them.

According to Hapur Dehat Police, Devendra is a resident of Muradnagar in Ghaziabad district. He currently lives in Nandgram, Ghaziabad. According to the police, Hapur Dehat police station in-charge Paras Malik was checking vehicles in Tatarpur. At the same time Devendra reached there by bike. The police signaled him to stop. Devendra did not stop the bike and started running. On this the police laid siege and caught him. The police have informed the Income Tax Department and other agencies about the recovery of the demonetised notes. Police suspect that some network is working to exchange old Rs 1000 and Rs 500 notes with new notes.

In the year 2016, it was decided to ban old Rs 1000 and Rs 500 notes. At that time the Reserve Bank had said that researchers or those who are fond of collecting old notes can keep only a maximum of 5 such notes with them. The Reserve Bank had launched a big campaign to take back the demonetised notes. Now the plan to exchange old notes has ended. Despite this, the recovery of such notes worth around Rs 1.5 lakh is surprising. The question is whether the game of changing them is still going on? Now this is likely to be revealed during the interrogation of Devendra.