Four arrested for exchanging demonetised Indian currency notes

The Central Zone Task Force has arrested four people for trying to exchange demonetised Indian currency notes for valid money. The operation took place in Abid, where authorities seized ₹55,52,500 in old notes. The main suspect, Syed Muzammil Hussain, and his associate, Amzad Khan, had gathered the demonetised currency after failing to exchange it legally. They partnered with two agents to find buyers, offering commissions for the exchange. The arrests occurred on March 15, as the group met in a hotel to trade the old notes. The suspects and the seized currency have been handed over to local police for further investigation.