J-K terror funding: NIA seizes over Rs. 36-cr demonetised notes, arrests nine

New Delhi [India], November 7 (ANI): The National Investigation Agency (NIA) on Tuesday arrested nine persons in connection with Jammu and Kashmir terror funding case and seized demonetised currency worth Rs 36.35 crore from their possession.

The nine persons, arrested in Delhi, will be produced in the Special NIA Court tomorrow.

The probe agency, which is investigating case relating to the financing of terrorist and separatist activities in the Kashmir valley, found that persons or entities linked to the separatists and terrorists were still in possession of a significant amount of demonetised currency.

The agency mounted surveillance on such persons and entities following which it got a lead about a gang which was trying to convert the demonetised money into valid currency.

The NIA team yesterday intercepted the gang members in New Delhi and seized the banned notes.

They were carrying the currency in four luxury vehicles, which was also seized by the NIA team.

A total of seven persons were initially apprehended and brought to NIA headquarters for further questioning. Three other associates of this gang were apprehended later in the evening yesterday and were brought for questioning to the headquarters. (ANI)

This story has not been edited. It has been published as provided by ANI