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Junagadh murder: Victim pooled money from colleagues to exchange for new notes

The three men allegedly snatched the money from Jilariya before killing him.

By: Express News Service | Rajkot |
December 17, 2016 3:26:50 am
Junagadh murder, demonetisation, junagadh money scam, money scam, bank scam, junagadh bank scam, indian express news, india news Rajesh alias Ram Jilariya

A BUSINESS correspondent attached with a bank, who was stabbed while allegedly exchanging old currency notes for new ones, had pooled money from his colleagues and promised them a share of the commission, police said on Friday.

Rajesh alias Ram Jilariya (32), a resident of Jonpur village of Keshod taluka in Junagadh district, was allegedly stabbed to death by three men in Magharwada village on Thursday. The three men allegedly snatched the money from Jilariya before killing him.

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The police said that Jilariya was the team leader of business correspondents (BCs) attached to HDFC Bank for Keshod and Manavadar talukas. “Jilariya persuaded three BCs to lend him around Rs 7.5 lakh for a day. He promised them 2 per cent share in a deal he had struck with some persons for giving Rs 9 lakh in valid currency notes against Rs 10.8 lakh of old Rs 500 and Rs 1,000 notes. He contributed Rs 1.5 lakh of his own,” said a police source.

According to the police, it was through a middleman, identified as Bhikhu Somnani of Maliya taluka, that Jilariya offered to arrange for Rs 9 lakh in valid currency notes for 20 per cent commission. However, the three men who came to receive the money snatched Jilariya’s bag containing Rs 9 lakh cash. When Jilariya tried to stop them, they threatened him with an air gun and eventually stabbed him to death.

Jilariya’s cousin Kishor, who is also a BC with HDFC Bank, was accompanying him when the assault took place. He escaped unhurt as the trio allegedly ran away with the cash.

HDFC Bank clarified that the victim was not an employee of the bank. “Unfortunate incident involving our Biz Correspondent Centellion Junagarh. Rest matter of investigation,” Neeraj Jha, head of communication department of HDFC Bank, tweeted.

Centillion Solutions and Services Private Limited, an outsourcing agency that had employed Jilariya and which has a contract with HDFC Bank to provide BCs, was not available for comment.

“No arrests have been made so far. We are questioning seven persons in connection with the murder, and are hopeful of cracking the case very soon,” Keshod police inspector Ashok Tilwa said.

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