Businessman held for â¹97cr banned notes may pay â¹483cr fine
A businessman who was held for keeping demonetised notes worth â¹97 crore in UP might have to pay a fine of around â¹483 crore. This is because possession of over 10 old notes by individuals and over 25 notes for study is a criminal offence, attracting a fine of â¹10,000 or five times the cash held, whichever is higher.