New notes worth 27 lakh rupees were seized from the husband of a manager of the Mizoram Rural Bank (MRB) on Wednesday by the CID (SB) officials who arrested four persons in this connection.
A trap was laid by CID (SB) officials for the MRB manager Lalhmufiahi and it was found that she along with her husband was trying to illegally exchange old Rs. 1,000 and Rs. 500 notes worth Rs. 45 lakh, a CID official said.
Lalhmufiahi and the person used by the Police admitted that the former would be paid Rs. 45 lakh in old Rs. 1,000 and Rs. 500 denominations and she would pay Rs. 27 lakh in new notes.
The bank manager, her husband Remruatkima and two others were arrested. Lalhmufiahi stole Rs. 26.04 lakh from the bank and borrowed the rest (Rs. 96,000) from her friend, he said.