Miscreants relieve Kerala man of Rs 1.4 crore

Miscreants relieve Kerala man of Rs 1.4 crore

Four men claiming to be police officials reportedly waylaid and robbed a Kerala native of Rs 1.4 crore cash in Kalasipalya on Saturday evening.

Latif, 29, a native of Palakkad and an employee of a bullion trader, has lodged a complaint with the police that he was carrying a cash of over Rs 85 lakh, after collecting it from a businessman in Chickpet.

Around 7 pm, he was waylaid near the Kalasipalya main road by four persons who claimed to be policemen and relieved him of the money. They later took him to his room in Paradise Lodge in Kalasipalya and robbed him of another Rs 55 lakh in cash. They warned him not to inform the police and fled. He approached the police and registered a complaint.

The police said that there were many missing links in Latif’s statement. Latif said that the money belonged to Anil Babu, a gold and cloth merchant who lives in Malappuram in Kerala.

He sent him to get the money from Bengaluru as Babu had numerous cash transactions carried out from the City, the police said.

“On January 8, Babu sent Latif to get the money and hand it over to him. But Latif said that he was robbed. The entire incident is suspicious and confusing. We are trying to contact Babu and will ask him to submit valid documents to prove that the money belongs to him,” said a senior police official.

“From other sources, we have learnt that the money belongs to a Hawala operator and Latif was the middleman helping to transport the money,” added the officer.
A case has been registered and investigation is on.