Youth Congress activists burn effigies of Nirav Modi as they raise slogans against the PNB fraud case in New Delhi. File pic/PTI

Nationalist Congress Party (NCP) MP Majeed Memon has quoted a report alleging that the accused celebrity jeweller, Nirav Modi, had deposited cash worth `90 crore at one of the branches of the scam-hit Punjab National Bank (PNB), hours before the announcement of demonetisation.