Rs 25 lakh demonetised cash carrying Maoist arrested in Jharkhand

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KHARAGPUR, INDIA - MAY 6: State Arm Police jawan is taking a nap at Kendriya Vidyalaya on the eve of the 4th phase of poll on May 6, 2014 in Kharagpur, India. Once the hotbed of the Maoists, Election Commission has stepped up security arrangement by deploying adequate central forces in all the polling stations in the region. 1,737 candidates are contesting on 64 seats in seven states in eighth phase of Lok Sabha election. (Photo by Subhendu Ghosh/Hindustan Times via Getty Images)
KHARAGPUR, INDIA – MAY 6: State Arm Police jawan is taking a nap at Kendriya Vidyalaya on the eve of the 4th phase of poll on May 6, 2014 in Kharagpur, India. Once the hotbed of the Maoists, Election Commission has stepped up security arrangement by deploying adequate central forces in all the polling stations in the region. 1,737 candidates are contesting on 64 seats in seven states in eighth phase of Lok Sabha election. (Photo by Subhendu Ghosh/Hindustan Times via Getty Images)

With demonetisation of Rs 500 and Rs 1000,the black money holders were in a mess.So were the terrorists and Maoists.

After Prime Minister Narendra Modi announced demonetisation of Rs 500 and Rs 1000 on Wednesday,black money began to spill out.Among them was a man who was arrested for trying to deposit Rs 25 lakh cash belonging to a famous Maoist leader wanted in  more than two dozen cases of Naxalite violence cases in Jharkhand on Friday.

Also arrested was Nand Kishore, a petrol pump owner from Bero situated on the outskirts of Ranchi.He was carrying the Rs 25 lakh cash to deposit it in a bank.

Police intercepted Kishore while he was on his way to the bank. During interrogation, he is learnt to have admitted that the money belonged to banned Maoistorganisation called People’s Liberation Front of India’s (PLFI) supremo Dinesh Gope. Kishore was to deposit the money in his account in the name of petrol and diesel sale.

After Rs 500 and Rs 1,000 notes were demonetised on November 8,Maoists have been using their contacts to deposit the black money earned by them through ‘extortion.’

“We are keeping watch on such transactions. Our networks have been activated to keep close watch on such transactions,”saidJharkhandpolice spokesperson M.S. Bhatia.

Reports reaching from Gumla,Simdega,Khunti and Latehar said that in view of the security forces keeping vigil over the bank encounters,the Maoists were using their representatives to exchange demonetised Rs 500 and Rs 1000 notes.

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