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Orthopaedician caught offering new notes in exchange for demonetized ones

Orthopaedician caught offering new notes in exchange for demonetized ones

Visakhapatnam: An orthopaedic surgeon and his two aides were arrested in Visakhapatnam for allegedly offering new notes in exchange for demonetised currency on a commission.

Police have seized Rs 47 lakh from Anne Sireesh and his associates M. Surya Prasad Reddy and B. Srinivasa Rao. While Rs 46 lakh was in 2,000-rupee notes, Rs 1 lakh was in 100-rupee notes, the police said.

Assistant commissioner of police Chittibabu said a team raided an apartment following a tip-off and arrested the trio.

The officer said the doctor had offered to give Rs 47 lakh in valid notes in exchange of demonetised currency for a 30 per cent commission. Sireesh had earlier exchanged Rs 40 lakh in old currency, he said.

Chittibabu said the income tax department was probing the matter.

Source: PTI
2 comment(s) on Orthopaedician caught offering new notes in exchange for demonetized ones

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  1. user
    Dr Krishna Kr Borah January 4, 2017, 1:53 pm

    it is very sad that doctor should not do this. They should abide by the rule and regulation Of Govt.

  2. V. Sad affair. Don\’t know why people do such things, when u know that every thing will be left behind, when u will leave this world.!!

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