Crime branch sleuths on Monday night arrested three people and seized Rs 4.12 crore of unaccounted for money at Kodigehalli in the city. The money was concealed in gunny bags packed with onions and potatoes. The arrested are Mohammed Afzal (23), Abdul Nazir (44) and Shamshuddin (39), all residents of Kozhikode in Kerala, police said.
CCB sleuths received information about suspicious activity at a house at Anand Nagar in Kodigehalli. After watching the house for a few days, police conducted the raid. They found unaccounted for cash of Rs 4.12 crore concealed in 35 gunny bags of onions and 10 bags of potatoes. The bags had been loaded into a goods vehicle. “Around 75% of the money was in Rs 2,000 denomination, while 20% in Rs 100 and 5% in Rs 500,” said S Ravi, additional commissioner of police (crime).
Preliminary investigations showed the three men were trying to transport the money from Bengaluru to Kozhikode. The police also seized a Toyota Fortuner vehicle used by the suspects, along with the goods vehicle. “We are investigating the exact source and destination of the money. We will also investigate for what purpose the money was supposed to be used. We have informed the I-T department about the seizure,” said Praveen Sood, police commissioner.
Published 31 January 2017, 20:29 IST