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.
Our comments section is governed by our Comments Policy . By posting comments at Medical Dialogues you automatically agree with our Comments Policy , Terms And Conditions and Privacy Policy .
Disclaimer: This site is primarily intended for healthcare professionals. Any content/information on this website does not replace the advice of medical and/or health professionals and should not be construed as medical/diagnostic advice/endorsement/treatment or prescription. Use of this site is subject to our terms of use, privacy policy, advertisement policy. © 2024 Minerva Medical Treatment Pvt Ltd