₹9 crore cash seized from car going from Bengaluru to Tamil Nadu
The cash was seized by the Income Tax Department
On August 18, Income Tax officials seized ₹9 crore of unaccounted cash from an SUV allegedly en route from Bengaluru to Hosur in Tamil Nadu, near Electronics City, according to police. The SUV, registered as KL 20 T 8629, was intercepted by the Bengaluru City Police around 10.30 p.m. on August 18 near BETL Toll on Hosur Road, following a request from the I-T Department. The vehicle's occupants were escorted to the Electronics City police station and subsequently handed over to Income Tax officials.
During a search of the car, the Income Tax team discovered the substantial sum of ₹9 crore in cash, for which the occupants had no records. One of the occupants, Sachin, 42, a resident of Sindhu Jewellers in Thoothukudi, Tamil Nadu, was detained by the I-T department. Following the seizure, Income Tax officials conducted further searches at residences in Tamil Nadu and uncovered an additional ₹1.3 crore in cash.
The Income Tax Department is currently conducting inquiries into the source and intended destination of the seized cash. Police stated that further details would be revealed as the investigation progresses.
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