Mumbai trader arrested for buying 258 kg gold post note ban
The Enforcement Directorate (ED) on Friday arrested CN Patel, Director of Mumbai-based Pushpak Bullions Private Limited, for buying 258 kilograms of gold worth â¹84.5 crore using laundered money post demonetisation. "Patel used old demonetised currency notes to buy gold. We are probing how he had moved the money and laundered it through five bogus companies," ED officials said.