Police on Tuesday claimed to have busted two separate gangs in possession of demonetized currency amounting to Rs 25 lakhs and selling cars stolen from other states in Srinagar.
Addressing a press conference here, Senior Superintendent ofPolice (SSP) Srinagar, Dr Haseeb Mughal said three persons including twonon-state subjects were arrested in these cases.
The SSP said that on specific information, Police StationRajbagh apprehended one Muhammad Iqbal Dar son of Abdul Salam Dar resident ofBogund Kulgam and recovered demonetized currency notes amounting to Rs threelakh from his possession.
“During questioning, he disclosed that he has dumped moremoney in a hideout at Jawahar Nagar area. Police raided the house of GhulamAhmad son of Abdul Ahad at Jawahar Nagar and recovered demonetized currencyworth Rs 25 lakh,” the SSP said.