Top

Rs 5.7 crore in new notes seized from bathroom of hawala operator

Shobhit Kalra

Shobhit KalraBy Shobhit Kalra

Published on 10 Dec 2016 4:23 PM GMT

Rs 5.7 crore in new notes seized from bathroom of hawala operator
X
Rs 5.7 crore in new notes seized from bathroom of hawala dealer
  • Facebook
  • Twitter
  • Whatsapp
  • Telegram
  • Linkedin
  • Print
  • Facebook
  • Twitter
  • Whatsapp
  • Telegram
  • Linkedin
  • Print
  • Facebook
  • Twitter
  • Whatsapp
  • Telegram
  • Linkedin
  • Print

Bengaluru: The Karnataka and Goa wing of the Income Tax department seized Rs 5.7 crore in new currency recovered from a secret locker of bathroom in Hubballi.

An official statement issued by the Panaji Directorate of the Director General of Income-tax (Inv), Karnataka & Goa reads that on December 9, search operations were carried out on the casino operators and bullion traders in Hubballi and Chitradurga districts of Karnataka.

"The I-T teams were present at around 15 places of the states of Karnataka and Goa. A hawala operator was also converting old notes and was stashing bullion using old currency notes," it added.

A secret chamber in the bathroom of a hawala operator's house was traced in the search operations.

"The I-T teams have seized 28 kg of bullion, around 4 kg of gold and jewellery, Rs 5.7 crore of Rs 2,000 currency notes and Rs 90 lakh in old Rs 100 and Rs 20 notes. The teams also recovered several incriminating documents and are probing and analysing the same," the statement said.

https://twitter.com/ANI_news/status/807555980997185537

Earlier on December 1, the Income Tax department had seized more than Rs 4.7 crore during search operations in more than a dozen locations in Bengaluru and other locations.

Officials revealed that the search operations were carried out at the premises of two engineers, who are working with the state government, and some "connected persons".

A team comprising more than 50 I-T officials and police personnel began the search operations on Saturday morning and searched places in Bengaluru, Chennai and Erode (Tamil Nadu).

In the searches, Rs 4.7 crore in new denominations of Rs 2,000 and Rs 0.3 crore in old denominations lifting the total to Rs 5 crore and 7kg bullion worth around Rs 2 crore were found in a flat owned by a civil contractor.

Shobhit Kalra

Shobhit Kalra

Writer has 10 years of experience in digital media. Presently working as Chief Sub Editor at newstrack.com. An avid reader and always willing to learn new things and techniques.

Next Story