Rs 6.7 crore seized from auto, hawala deal suspected

7 Nov, 2012 17:54 IST|Sakshi
Rs 6.7 crore seized from auto, hawala deal suspected

The police seized Rs 6.7 crore from a auto driver on Wednesday in Hyderabad. The police suspect that the cash could be part of a hawala transaction.

A traffic police team spotted the auto ( AP 09 TA 5602) near the DCP office on Wednesday afternoon. As the police  intercepted the auto, the driver became nervous, which led the team to search the auto. 

During the search  the police  found a box placed under the seat which was stuffed with Rs 500 and Rs 1000 notes amounting  to Rs 6.7 crore.   The police have informed the Income Tax Department, which immediately started investigations to ascertain the source and destination of  the seized cash.

The police are yet confirm if the currency is real or fake. The driver of the auto managed to flee from the spot.

- Siva@sakshipost

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