Gang arrested for attempting to exchange demonetised Indian currency notes
The Central Zone Task Force has arrested four persons involved in an illegal operation to exchange demonetised Indian currency notes for valid currency. Acting on credible information, the Task Force apprehended the gang in Abid and seized demonetised currency worth ₹55,52,500 in ₹1,000 and ₹500 denominations.The arrested have been identified as Syed Muzammil Hussain (48), the prime accused, along with his associate Amzad Khan (42), and two agents, Palthi Bhaskar (46) and Shaik Naseema (50). According to the police, the gang attempted to defraud the public by offering large commissions in exchange...