Jaipur: The Anti-Terrorist Squad of Rajasthan Police has arrested the brother of a BJP corporator with demonetised currency notes with face value of Rs 63.44 lakh near Bani Park area here, police said today.
Acting on a tip-off that the accused was going to exchange the junked notes with the newly issued ones, he was arrested by ATS yesterday and handed over to police, SHO of Sindhi Camp, Manphool Singh, said.
"During interrogation, it was revealed that the accused, Pawan Sharma, is the brother of Maan Pandit, a BJP corporator from ward number 19. We have handed over the matter to ATS for further investigation," he said.
Of the total seized notes, Rs 40 lakh was in Rs 1000 denomination and rest in old Rs 500 bank notes, police said, adding the ATS has informed the Income Tax Department about the matter.