₹2,000 notes: naxal commander tries to exchange huge cash stash by sending…

Two people were arrested in Chhattisgarh's in Bijapur with Rs 2000 notes worth Rs 6 lakh allegedly belonging to a Naxal commander, a police official said on Friday.

The police said the duo were nabbed while fleeing from the police check post. Three bundles of Rs 2000 notes, each totalling Rs 2 lakh, 11 passbooks of different banks and naxal pamphlets were seized from them.

Gajendra Madvi and Laxman Kunjam had been given Rs 8 lakh in Rs 2000 notes to deposit in various banks, according to police. A sum of Rs 50,000 was deposited in Punjab National Bank and Rs 48,000 in Union Bank into accounts held by Kunjam, the police said adding that a sum of Rs 38,000 was deposited in SBI and Rs 50,000 in Central Bank. Both were while they were on their way to deposit the remaining Rs 6 lakh

The Reserve Bank of India had recently announced the withdrawal of Rs 2000 notes from circulation and had asked people to deposit them in banks or get them exchanged by September 30.