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The Hindu·2 min read·medium

Demonetised currency, 200 grams gold found in retired engineer’s locker

Demonetised currency, 200 grams gold found in retired engineer’s locker
AI Summary

Lokayukta officials in Kalaburagi discovered demonetised ₹1,000 notes and over 200 grams of gold in a bank locker belonging to a retired PWD engineer. The assets were seized during a search operation conducted at the engineer's residence and bank premises.

Why it matters

This highlights ongoing anti-corruption efforts and the discovery of illicit wealth held in banned currency denominations years after the 2016 demonetisation.

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Demonetised currency notes of ₹1,000 denomination with ₹9 lakh face value and gold ornaments weighing more than 200 grams have been found in a bank locker belonging to a retired Public Works Department (PWD) engineer Manik Kanakatti during a Lokayukta search operation in Kalaburagi.

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Confidence: 90%

The article provides a factual report on a police operation without editorializing.

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