Man arrested after demonetized currency notes seized: Police

Police seized around Rs 3.80 crore in demonetized currency notes here in the early morning Sunday and arrested a man.

During a routine checking of vehicles in Rander locality, Rs 3.80 crore in the defunct Rs 500 and Rs 1,000 notes were seized from a car, said inspector R M Sarode. Vishal Barad, who was carrying the cash, told police that he had collected it from a person in Vadodara, Sarode said.

"He hasn't yet disclosed how he was going to utilize the scrapped notes," the officer said, adding that he was put under arrest and further probe was on.