Bengaluru, Apr 3: On Saturday night, fourteen persons, including son-in-law of former Karnataka Legislative Council Chairman Veeranna Mattikatti, were arrested with demonetised notes of the face value of Rs. 9.10 crore here under Section 420 of Indian Penal Code and 41B of Criminal Procedure Code (CrPC) and Section 7 of the Specified Bank Notes (Cessation of Liabiliti Act, 2017). Acting on a tip-off, the city cops had raided a house at Benson Town in central suburb here. It them took 14 persons into custody for trying to exchange old currency notes with the face value of Rs. 9.10 crore. All this was said to media by HM Mahadevappa, Assistant Commissioner of Police of the Bengaluru City Crime Branch. 15 mobile phones, two two-wheelers and two four-wheelers have been seized from the arrested persons. 13 of the 14 arrested persons have been produced before the court and they have been granted a 14-days remand period in judicial custody. Edwin Rosario, one of the arrested persons have been taken into police custody for further interrogation.
Notably, on Mar 23, two men were arrested here with demonetised notes of the face value of Rs. 1.28 crore and on Mar 28, four men were arrested with demonetized note of Rs. 4.98 crore.
