IT officials seize Rs. 2.3 cr cash from car’s spare type
Team Udayavani, Apr 21, 2019, 10:35 AM IST
Image for Representation
Shivamogga: The Income Tax department on Saturday, April 20 busted Rs. 2.3 crore in cash from the spare tyre of a car travelling from Bengaluru to Shivamogga.
Reportedly, the tax department officials after receiving the information about cash being transported from Bengaluru to Shivamogga intercepted a cash handler and searched his vehicle and found the cash stuffed in the spare tyre of the vehicle.
“Based on credible intelligence that cash would be transported from Bengaluru to Shimoga and Bhadravati, a cash handler was intercepted and his vehicle was searched. Cash in Rs. 2,000 denomination has been found stuffed inside the wheel of the vehicle,” the tax department said in a statement.
“The intelligence suggested that the person is accumulating cash for distribution for election purposes. A seizure of Rs. 1 crore has been made so far in this case,” the department said.
In a video, officials are seen sitting on the floor of a room with the tyre. While one official holds up the tyre, another official takes out bundles of Rs. 2,000 notes. The video pans to a table, where more than 20 bundles recovered from the tyre are kept.
#WATCH: Rs 2.30 cr in cash stuffed inside the spare tire in a car seized by Income-Tax officials. The cash was being transported from Bengaluru to Shivamogga. #Karnataka pic.twitter.com/yUeRdKVyzY
— ANI (@ANI) April 20, 2019
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
Congress questions Modi govt’s unfair treatment of Karnataka in revenue sharing
Strong anti-incumbency against Modi govt, says Karnataka CM Siddaramaiah
VHP urges NIA probe into murder of Hubballi college student
Hegde condemns Neha’s murder, demands justice
JP Hegde advocates industrial growth to address job crisis
MUST WATCH
Latest Additions
Sibal slams Finance Minister Sitharaman’s remarks on electoral bonds
Modi aims to transform India into a developed nation by 2024, but critics say it comes at a cost of drying out those who support him
Pradhan interacts with Agniveer supporters in Sambalpur, Odisha
Congress questions Modi govt’s unfair treatment of Karnataka in revenue sharing
Strong anti-incumbency against Modi govt, says Karnataka CM Siddaramaiah