New Delhi, Oct 17 (UNI) The Central Bureau of Investigation on Tuesday arrested an absconding accused in an on-going investigation of a case relating to demonetized currency notes amounting to Rs 1.49 Crore. The accused, Viral Chandrakant Shah, Proprietor of a private company M/s Parshwanath Motors, was spotted at Ahmedabad International Airport when he was returning from USA and was arrested later. The case relating to depositing of demonetized currency notes in UCO Bank, St. Xavier’s High School Road Branch, Ahmedabad was registered on 07.04.2017. According to CBI, the accused, in conspiracy with the then Managerand Assistant Branch Head of UCO Bank, and other unknown persons, deposited huge number of specified bank notes amounting to Rs.1.49 crore (approx) in the current account of the private company based at Ahmedabad. The arrested accused will be produced in the jurisdictional CBI Special Court of Ahmedabad tomorrow. UNI NAZ SHK1927