New Delhi, April 29: Remember how demonetisation promised to curb black money and made people stand in queues. Turns out, it has finally been justified when alleged IPL bookie Abhishek Shukla claimed that he could not exchange his money amounting to Rs. 5.5 lakh in demonetised notes, as police released this seized amount much later than the deadline to exchange set by the Government. And now comes the interesting part, Shukla wants to exchange this amount in banned notes to the new ones and has moved to the Supreme Court requesting to be allowed to exchange. Also Read - Yes Bank: Chidambaram Links Crisis With Note Ban, Raises 5 Questions

Booked in 2013, with former cricketer S Sreesanth, the notes were reportedly seized from Shukla on September 25, 2013. He alleged that the money was returned to him in February 2016 and hence he could not exchange it. Also Read - Chidambaram Blames Centre, Says Country Heading Towards ‘Limping Economy’

A bench headed by Chief Justice of India JS Khehar took note of Shukla’s grievance and asked his counsel to produce the seizure memo which the Delhi Police prepared during the seize operation. The Chief Justice also said that the document must have kept a record of the specific currency. Also Read - Rahul Gandhi Targets Centre, Calls India 'Rape Capital of World’ Again at Rally in Jaipur

Shukla alleged that it was not his fault that the money was left exchanged and blamed the Delhi Police for the default. His counsel, Manjeet Singh Ahluwalia, requested the Court to issue a direction to the Centre and the Reserve Bank of India (RBI) which would facilitate the exchange of the notes and state the reason for the delay.

Shukla further claimed that he personally went to the RBI, but the bank refused to exchange the notes, pointing to the December 30, 2016 ordinance which made possession of such notes a criminal offence. In regard this, he placed on record the letter from RBI which he received on March 7, declining his request to exchange.