The Task Force of the city police today seized Rs 3.75 crore in cash while being transported in a car on Road No.12 Banjara Hills.
According to the City Commissioner of Police Anjani Kumar, the task force had conducted a raid on a tip-off and seized the amount besides arresting 4 persons identified as Eshwar, Dileep, Harish Ram Bhai, Ajit Singh and Rathod. The cops are investigating as to where the cash is coming from and to whom the cash is to be handed over. He said the cash is being transported as part of the hawala transaction and efforts are on to extract more information pertaining to the persons involved in this.
He also revealed that the accused would be handed over the IT department for further investigations along with the cash.