?40 cr in old notes seized from ex-B'luru corporator's house
Bengaluru Police on Friday recovered old demonetised notes worth ?40 crore from the residence of a former corporator, who has been identified as V Nagraj. The house of the accused was raided after the police received a tip-off about the cash. Nagraj, who also contested elections in 2004, was reportedly involved in a kidnapping case in the past.
Bengaluru Police today recovered a large stash of demonetised notes from the residence of a former Corporator.The accused has been identified as V Nagraj. The recovered cash amounts to about Rs 40 crore.Nagraj's residence was raided after the police received a tip off regarding the presence of cash. Based on the information the police reached his residence on Shri Rampura road on Friday morning.Sources from the police said that the accused was involved in a kidnapping case in the past.The police is presently counting the notes recovered from Nagraj's residence. Sources from the police said that Nagraj is a historysheeter. He contested the elections against KPCC working president M Dinesh Gundurao in 2004 and lost by 400 votes.