Close on the heels of I-T sleuths confiscating over Rs5 crore in Bengaluru, another Rs71 lakh have been seized from the possession of three persons in Rs2,000 denomination near here, police said on Sunday.
“Around Rs71 lakh was seized from three persons who were arrested for carrying new Rs2,000 notes in their car without any documents at Bailoor village,” Udupi Superintendent of Police KT Balakrishna said adding the police swung into action on a tip-off.
Bailoor village is about 32kms from here. The three have been handed over to the Income Tax officials in Mangaluru for further investigation, he said.
Police intercepted the car on December 1 and found the currency notes of Rs2,000 denomination totalling to Rs71 lakh in a bag.
The three occupants, Imran Hussain, Asif Umar and Deepak Shetty (driver), had failed to produce appropriate documents or provide explanation about the cash, Balakrishna said.
They were travelling from Mangaluru to Kudremukh for a business payment, he said.
Over 50 I-T sleuths and police personnel had searched premises in Bengaluru, Chennai and Erode (Tamil Nadu) as part of the country-wide operations, with the Department saying the seizure of cash in new currency was over Rs5 crore.
On December 2, IT officials said the cash found, after searches were launched on December 1, on the premises of two engineers and two contractors, has risen to Rs5.7 crore and the notes were in the denomination of the new currency of Rs2,000.
“Total admission of unaccounted income by the group stands at Rs152 crore. Investigations are on,” they had said in New Delhi.