Kathmandu, April 12
Police in Kathmandu say they have arrested two Nepali citizens in possession of banned Indian banknotes worth Rs 4.9 million.
Sunil Dev Baishya (53) from Katahari Rural Municipality-3 of Morang and Chet Bahadur Nepali (50) from Shivapuri Rural Municipality-5 of Nuwakot district were arrested from a hotel in Lazimpat of Kathmandu.
Police confiscated from them Indian notes of denomination Rs 500 and Rs 1,000. The Indian government had banned the notes in November 2016.
Acting on a tip-off that they were smuggling the currently from border areas to Kathmandu, the Metropolitan Police Range in Kathmandu had raided the hotel.
During the raid, police found that they were carrying 2,206 notes of Rs 1,000 and 5,451 notes of Rs 500.
