₹1.05 crore unaccounted cash seized from two
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Badvel Rural police seized unaccounted cash of ₹1.05 crore from a four-wheeler that was going from Davangere in Karnataka to Nellore district on Tuesday night.
The police workforce led by Badvel Rural Sub-Inspector B.V. Krishnaiah intercepted the car bearing registration quantity KA05 AJ 5848 at P.P. Kunta checkpost in Gopavaram mandal.
The cash stuffed in three luggage was seized from K. Sureshappa Veeresh and Mari Gowda. They confessed that the cash belonged to their proprietor Nagendra, a betel nut provider of Shivamogga and that they’d collected the dues from merchants from Latur in Maharashtra, Kalaburgi, Sirpur, Raichur in Karnataka and Adoni in Andhra Pradesh.
The accused had additionally reportedly admitted that the quantity was meant to be given as an advance for the acquisition of granite stones in Nellore district.
As the duo couldn’t present legitimate accounts for the cash, police seized all the quantity and despatched it to Income Tax Department in Tirupati.
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