Business
Police arrest 3 in Assam with Rs 20 lakh in new currency
Guwahati, Dec 10 : At least three persons have been arrested in Assam for allegedly being involved in exchanging new currency of Rs 2,000 denomination with old currencies for commission, police said on Saturday.
According to the police, they were arrested on Friday night from a house in Hatigaon area here.
"We raided the house based on a tip off. A group of three persons were waiting in the house with Rs 20 lakh in the denomination of Rs 2,000," the police said.
It said they were supposed to exchange the amount with Rs 26 lakh in old currencies from another group.
"We are interrogating the three to ascertain from where they managed to get the new currency in such a huge amount," the police said.
It added that the role of some bank officials cannot be ruled out behind the racket.
It may be mentioned here that along with the rest of the country the people of Assam have been struggling for new currencies for last one month now.
Although the banks have claimed to have taken steps to make the new currencies and smaller denominations available across the state, some people, particularly in remote areas, have still been facing hardships.

4 hours ago
Mexican president slams US raids on farmworkers

4 hours ago
"We will revoke their visas and deport them if they don't": U.S. Embassy warns visa holders

4 hours ago
NASA to telecast Axiom Mission 4 departure on July 14; India's Shubhanshu Shukla set to return from ISS

4 hours ago
Air India plane crash: Pilots' union seeks to join AAIB probe as observer

5 hours ago
Trump slaps 30 pc tariffs on EU, Mexico starting August 1

7 hours ago
Canada: Carney cites 'vital progress' on fentanyl amid Trump's tariff threat

7 hours ago
Tariff talks between Bangladesh and US end without conclusion

8 hours ago
'We will revoke their visas and deport them if they don't': U.S. Embassy warns visa holders

8 hours ago
NASA to telecast Axiom Mission 4 departure on July 14; India's Shubhanshu Shukla set to return from ISS

9 hours ago
KC Venugopal urges PM Modi to intervene to save Kerala nurse on death row in Yemen

11 hours ago
Kajol talks about why recall value of movies have lessened

11 hours ago
Shahid Kapoor hilariously reveals what he’s a ‘fan’ of

11 hours ago
Arjun Rampal: ‘Dhurandhar’ isn’t anything like I have seen before