On Saturday night, during a routine vehicle check at Somajiguda, Punjagutta police seized a total of 20 lakhs identified as unaccountable cash.
The accused were arrested in the discovery after they were caught red-handed carrying the cash in a car.
“On checking the vehicle, we found 20 lakh rupees in a rice bag. The occupants P Venkateshwarlu and Maheshwar Reddy failed to produce any documents which supported the cash. They failed to provide a satisfactory reply on the source of the money and hence the cash was seized,” the police said.
During the investigation, the accused admitted that they worked for a Jitender and were paid a commission on every cash transport.
The police said that on Saturday night, after receiving instructions from Jitender, the accused collected cash from an unidentified person near a local hospital and bagged the money in a car for transport before being apprehended on the way.
The three accused have been booked by the police, but Jitender is yet to be caught.
Hawala racket busted
On Sunday, the Commissioner’s Task Force, in collaboration with the Central Zone police, busted a hawala racket in Troop Bazar and arrested five people.
Kanti Lal, Pep Singh, Kishore Singh, Mohammed Abdul Fareed, and Sandeep Singh were identified as the accused. The police seized Rs 63,50,000 in cash, as well as an Activa, five mobile phones, and a cashier machine.
During a raid on an electrical godown at Ranuja Marketing, the police apprehended the accused. The cash was stored in a bag with a polythene cover. When questioned, the owner of the godown, Kanti Lal, admitted that he was a sub-operator in the hawala business with Jog Singh, the leading operator of the business, who is currently on the run.
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