Rs 3.25 crore in old notes seized from Karol Bagh hotel in New Delhi

It is to be noted that in the past few weeks IT department and police have done several such raids discovering crore of rupees in old as well as new currency along with kilos of gold.

Rs 3.25 crore in old notes seized from Karol Bagh hotel in New Delhi

In another big raid in the capital city,  Income Tax and the Delhi Crime Branch raided a hotel in Karol Bagh where it seized Rs 3.25 crore in old notes.


It has been reported that the action was done on the basis of tip-off. Upon interrogation, it was found that the money belongs to some Bombay based hawala operators, who have hired packaging specialists who pack these notes in such a manner that it was even undetectable by airport scanning machines.

These experts in packaging use a particular type of tape and wires which passes through X-ray also without being detected.

After seizure, IT department is analysing the mobile details which allegedly contain details of lot of other hawala operators.



The Hotel Taksh Inn was raided on upon the search of Room No 202 and 206, five persons were caught. Ansari Abuzar, Fazal khan, Ansari Affan from Mumbai, Ladu Ram from Rajasthan and Mahaveer Singh from Jodhpur were held.

The recovered amount was kept in different suitcases and a card board box and upon counting the amount, the total amount came up to Rs 3.25 crore in demonetised currency notes.

It is to be noted that in the past few weeks IT department and police have done several such raids discovering crore of rupees in old as well as new currency along with kilos of gold.

On Saturday, IT department and Delhi Police seized Rs 13.5 crore was recovered from Greater Kailash area. Acting on a tip-off, the police recovered Rs 2.5 crore in new currency notes and the balance in old currency notes from T&T law firm owned by Rohit Tondon late on Saturday night.



Following the massive raids on the premises of three Chennai-based businessmen, the Income Tax Department on last Saturday confirmed seizing Rs 24 crore in new currency notes in Vellore, Tamil Nadu.

During an investigation, the I-T department found out that some cash was hidden in a car in Vellore, upon which it was discovered that all currency was in the form of Rs 2,000 notes in 12 boxes of Rs 2 crore each.

Following demonetisation, the Enforcement Directorate (ED) has carried out massive raids in 50 branches of 10 banks across the nation in an attempt to keep a tab on those account holders, who deposited huge amounts at one time.
Reports have also said that the ED also received a strong tip off that several account holders post demonetisation deposited money and changed their black money into white through banks nationwide.