Karnataka: Rs. 1.17 crore-worth Rs. 2,000 notes seized in two separate incidents

The police caught the accused while they were traveling in cars along with the cash and handed them over to Income Tax officials

Karnataka: Rs. 1.17 crore-worth Rs. 2,000 notes seized in two separate incidents

Three persons were caught carrying new Rs.2,000 currency notes worth Rs. 71 lakh in a car without any documents in Udipi, Karnataka, on Thursday evening.

They were handed over to Income Tax officials in Mangaluru for further investigation after ‘panchnama’.

Joy Anthony, Karkala Circle Police Inspector, told The Hindu on Friday that acting on a tip-off, the police started checking vehicles at Bailoor on Thursday evening.

When they stopped a brown coloured car, which was moving suspiciously from Mangaluru to Kudremukh, they found the currency notes.

The three occupants of the car - Imran Hussain, Asif Umar and driver Deepak Shetty - failed to give proper documents or explanation about the cash. All the three are from Mangaluru and aged between 35 and 40 years.

The police then informed the Income Tax Department in Mangaluru, and handed them over with the cash.

In another similar incident, the police seized Rs. 46 lakh in new notes of Rs. 2,000, from three people on Friday. One of the accused is a cloth merchant, other goldsmith while the third is the driver.

On credible information, the Chikkamagaluru District Crime Investigation Bureau police stopped a car in Jayanagar and found the cash and a counting machine.

The accused had no documents to show the source of the money. Hence, the police seized the cash and car. The accused were handed over to the I-T authorities along with the cash.