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Officials from the Central Industrial Security Force (CISF) say they caught a man with the bag at the Indira Gandhi International Airport in northern India’s Delhi.
A video shows officials breaking open the handles to remove the currency – which contained foreign currency including euros and New Zealand dollars.
Security personnel intercepted the man carrying the notes at terminal three during security checks, local sources said.
He was later handed over to Customs officials for further investigation.
The incident happened on January 29, 2023.