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Congress Councillor Arrested For Holding 3 Crore Crash in Demonetised Currency

A Congress councillor and four others have been arrested by Pune police in connection with the seizure of nearly Rs 3 crore cash in demonetised currency. According to Khadak police station, the Congress corporator has been identified as Gajendra Abhang. He is a corporator from the Sangamner Municipal Council.

Gajendra Abhang, is one of the five people who were in Raviwar Peth area here to exchange the scrapped notes and were detained by cops last night. The others were identified as Vijay Shinde (38), Aditya Ghavan (25) and Navnath Bhandagale (28), all from Pune, and one Suraj Jagtap (40) from Satara district.

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“Acting on a tip-off, we detained all five people from Raviwar Peth area when they came to exchange the notes,” said a senior official of the Khadak police station.

A probe is underway to find out whom they wanted to exchange the demonetised notes with, he said. According to police, all five were possessing 48,000 demonetised notes, all in denominations of scrapped Rs 500 and Rs 1,000. The police have registered a non-cognisable offence under relevant sections of the Specified Bank Notes ( Cessation of Liabilities) Act, 2017.

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