Pune cops seize Rs 1.11 crore cash from businessman

Acting on the tip-off, a team led by Inspector Rajendra Kadam and Assistant Inspector Lakshman Dhengle laid a trap and nabbed Agarwal at Porwal’s office, located in the Nakoda court building.

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Crime Branch officials with the seized money.

The Crime Branch of Pune City Police has seized Rs 1.11 crore in cash from a businessman, the first such seizure since the demonetisation announcement. The businessman, Ankesh Anant Agarwal, was allegedly trying to contact an ‘agent’ who promised to exchange his “black money to white” for a 30 per cent commission. However, the agent is yet to be traced.

According to a press release, police havaldar Shailesh Jagtap from the Crime Branch received information from his sources about Agarwal, a resident of Khadki, coming to the office of one Kishor Shashmal Porwal to convert his “black money”.

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Acting on the tip-off, a team led by Inspector Rajendra Kadam and Assistant Inspector Lakshman Dhengle laid a trap and nabbed Agarwal at Porwal’s office, located in the Nakoda court building.

Police have seized over Rs 1.1 crore in cash, in scrapped currency notes of Rs 1,000 and Rs 500, from Agarwal. The seized cash was handed over to the Income Tax (I-T) department for further action.

“We have seized the money. The agent has not been traced yet, so we could not get details on whether any such cash transactions have taken place before. We found that Porwal was not involved and his office was being used as a meeting point,” said Assistant Commissioner of Police (crime) Suresh Bhosale.

First uploaded on: 24-11-2016 at 00:16 IST

JAC Jharkhand Board 10th Result 2024: Websites to check JAC Matric scorecard

EducationUpdated: April 19, 2024 20:23 IST

Jharkhand Academic Council (JAC) will declare the Class 10 results today (April 19) on their official websites. Students can access their scorecards by entering their login details on jac.nic.in, jharresults.nic.in, or jac.jharkhand.gov.in. The marksheet will include personal details, subject-wise marks, and a cumulative score. Last year, the pass percentage was 95.38%.

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