Parents abducted, as son delays note swap in Kovai

Ayyasamy (50) and his wife Uma (44) of Ganapathy in Coimbatore who are daily wage labourers, alleged that they were abducted by a gang as their son Prashanth (25) could not keep the promise of getting demonetised notes worth for Rs 4.5 lakh exchanged for a leading construction firm, in time.
Parents abducted, as son delays note swap in Kovai
The new 2000 rupee notes

Coimbatore

Their counsel Chandrasekar said that Prashanth’s friend Jayaraj was a driver in the construction firm. “On December 8, Jayaraj gave old Rs 500 and Rs 1,000 notes to Prashanth and wanted it to be exchanged. The duo deposited Rs 5.5 lakh at Rs 2.75 lakh each in the bank accounts of two friends of Prashanth,” he said.
Chandrasekar claimed that Prashanth had to get the remaining Rs 4.5 lakh exchanged. “But he spent about a lakh rupees and deposited the rest in the bank. With  pressure mounting from the builders he gave a cheque for the said amount but it was not honoured. Agitated over the turn of events a few goons hired by the firm abducted Prashanth’s parents Ayyasamy and Uma on Thursday,” he said. 
The counsel alleged that the gang also beat and tortured the aged couple before setting them free on Friday. “But the gang refused to leave the house till Prashanth returned the money,” he said and sought action against the builder who tried to get the demonetised currencies exchanged and the goons hired by  them for abduction. 
While the family approached the Saravanamapatty police station in the city, the counsel claimed that the police were trying to recover the demonetised currencies from the youth and hand it over to the firm. The issue was taken to the notice of top police officers in the city, after which police sources said that cases would be registered against both sides and properly investigated. 
Police sources said that the gang would be booked for abduction and abusing the couple while the youth (Prashanth) would be booked for spending money that was not his. On recovery, the money is likely to be handed over to the Income Tax department for inquiry and to initiate necessary action.

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