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Sanand police seize banned currency 9 years after demonetisation, 2 held

Ahmedabad: Nine years after the Indian govt demonetised Rs 500 and Rs 1,000 notes, the Sanand police seized a huge cache of the banned currency on Thursday.According to an official statement, Sanand police confiscated demonetised notes with a face value of Rs 1.90 crore from two men. This recovery indicated that the banned notes were still in circulation despite the govt's 2016 policy rendering them invalid.On Nov 8, 2016, the Indian govt announced the demonetisation of Rs 500 and Rs 1,000 currency notes, aiming to curb black money, counterfeit currency,...