India, Dec. 12 -- New Delhi

The Delhi Police recovered demonetised currency notes of Rs.500 and Rs.1000 denominations, having a face value of Rs.3.59 crore, and arrested four people from near the Shalimar Bagh Metro Station on Wednesday, officers said on Thursday.

Police said the accused were part of a gang that duped people by offering them demonetised currency at throwaway prices, and falsely claiming that the notes could be exchanged at the Reserve Bank of India by furnishing Aadhaar card details.

"We are now looking for at least three key members of the gang, who had sent the four men to Delhi from Gurugram in Haryana in two cars with the banned banknotes to sell them to potential buyers. The racketeers offered to sell demonetised ...