Jaipur: A trader has been detained here today with Rs 7 lakh in cash, of which Rs 6.35 lakh was in Rs 2,000 notes.
Rameshwar Agarwal, a sugar trader and resident of Alwar district, was intercepted at a check post while he was on his way to Bhiwadi from Alwar.
As Agarwal could not give any satisfactory reply about the source of the money, he was detained and the amount seized, a police officer said.
“We have seized the currency notes and reported the matter to the Income Tax department for further investigation,” SHO of Shivaji Park police station, Vinod Samaria said.
Yesterday, Alwar police had detained six persons in separate cases for allegedly being involved in exchange of old currency notes illegally.
40 ATM cards and Rs 5.73 lakh in cash from the accused, police said.