This story is from December 7, 2016

Four arrested for robbery

In yet another crackdown on money laundering, post demonetisation, the South Zone cops took into custody four persons allegedly involved in robbery.
Four arrested for robbery
(Representative image)
HYDERABAD: In yet another crackdown on money laundering, post demonetisation, the South Zone cops took into custody four persons allegedly involved in robbery.
Police said that Davesh Agarwal, who is a resident of Asmangarh, obtained '58 lakh in the form of new currency notes from his uncle Ajay Kumar Agarwal. The latter, cops said, owns a cloth mill in Chandrayangutta.Cops said that Davesh promised his uncle that he would get a handsome commission once he exchanged the currency.
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To make a quick buck, Ajay contacted four persons who cops identified as -Shankar, Yogesh, Anwar Ali and Naik -all residents of of Vinay Nagar in Saidabad, after which a deal was struck A case was registered by the Bahadurpura police and the accused were taken into custody. “The investigation is on to recover the robbed amount,“ said Charminar assistant commissioner of police K Ashok Chakravarthy.
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