Pamidi (Andhra Pradesh): Four container trucks carrying 'dirty' notes worth Rs 2,000 crore were detained by Andhra Pradesh Police here on Thursday but later released as they belonged to banks, an official said.
Anantapur Range Deputy Inspector General of Police (DIGP) R N Ammi Reddy said the trucks were released after verification of documents and the currency notes were of ICICI, IDBI and Federal Bank.
The official said the trucks coming from Kerala were headed towards the regional office of the Reserve Bank of India (RBI) in Hyderabad.
The trucks were stopped due to the implementation of the Model Code of Conduct in view of the Lok Sabha elections. Voting for parliamentary and assembly elections in Andhra Pradesh will be held simultaneously on May 13. "This was basically a consignment of soiled notes belonging to ICICI, IDBI and Federal Bank, worth Rs 2,000 crore. These were being transported from Kochi to RBI, Hyderabad," Reddy told RBI.
There were vehicles escorting the trucks and all necessary transit documents were made available to the police, the DIGP said and added that confirmation from the concerned bank and RBI were taken and verified.
The official said Income Tax Department officials, Election Returning Officer and others were involved in the verification process.
However, Reddy said the state police had no prior information about the movement of such currency notes.
Anantapur Range Deputy Inspector General of Police (DIGP) R N Ammi Reddy said the trucks were released after verification of documents and the currency notes were of ICICI, IDBI and Federal Bank.
The official said the trucks coming from Kerala were headed towards the regional office of the Reserve Bank of India (RBI) in Hyderabad.
The trucks were stopped due to the implementation of the Model Code of Conduct in view of the Lok Sabha elections. Voting for parliamentary and assembly elections in Andhra Pradesh will be held simultaneously on May 13. "This was basically a consignment of soiled notes belonging to ICICI, IDBI and Federal Bank, worth Rs 2,000 crore. These were being transported from Kochi to RBI, Hyderabad," Reddy told RBI.
There were vehicles escorting the trucks and all necessary transit documents were made available to the police, the DIGP said and added that confirmation from the concerned bank and RBI were taken and verified.
The official said Income Tax Department officials, Election Returning Officer and others were involved in the verification process.
However, Reddy said the state police had no prior information about the movement of such currency notes.
