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Mumbai: Railway officer suspended for swapping Rs 100, 50 notes with Rs 500, 1000
Updated On: 11 November, 2016 02:40 PM IST | | mid-day online correspondent
<p>Deepak Kumar, the deputy station manager of Grant Road station, apparently pocketed Rs 100 and Rs 50 notes worth Rs 1.65 lakh, out of the Rs 4.59 lakh that was deposited with him in his booking counter and replacing them with Rs 1000 and Rs 500 notes</p>

Mumbai: Railway officer suspended for swapping Rs 100, 50 notes with Rs 500, 1000

Deepak Kumar, the deputy station manager of Grant Road station, apparently pocketed Rs 100 and Rs 50 notes worth Rs 1.65 lakh, out of the Rs 4.59 lakh that was deposited with him in his booking counter and replacing them with Rs 1000 and Rs 500 notes. According to a report by Mumbai Mirror, this was following Prime Minister Narendra Modi's announcement on November 8, that Rs 1000 and Rs 500 would be demonetised.

