₹9 crore cash seized from car going from Bengaluru to Tamil Nadu
Income Tax officials seized ₹9 crore in unaccounted cash from a vehicle traveling from Bengaluru to Tamil Nadu. One individual associated with a jewelry firm was detained, and subsequent raids in Tamil Nadu led to the recovery of an additional ₹1.3 crore.
Why it matters
This highlights ongoing efforts by Indian authorities to curb black money and illegal financial transactions in the commercial sector.
Income Tax officials seized ₹9 crore in unaccounted cash from an SUV, which was allegedly going from Bengaluru towards Hosur in Tamil Nadu, near Electronics City, police said.
On August 18, on a request from the I-T Department, Bengaluru City Police intercepted the SUV, bearing registration number KL 20 T 8629, near BETL Toll on Hosur Road around 10.30 p.m. The night beat staff escorted the vehicle and its occupants to the Electronics City police station. Subsequently, they were handed over to Income Tax officials.
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