MAN HELD WITH ₹68 LAKH IN BANNED NOTES
The Mumbra police arrested a businessman and recovered banned notes worth Rs68.41 lakh from him on Saturday night.
The accused, Mukesh Narottam Thakkar, 50, is a resident of Kolhapur. He had allegedly come to Mumbra to exchange the notes at a loss of 20%.
Police said they got a tip-off on Friday that Thakkar would come to the highway. They caught him near Retibunder. “We found the cash in a few plastic bags,” said an officer from the Mumbra police station.
“Thakkar is in police custody. We are trying to ascertain who he was going to exchange the money with,” he said.