Andhra Pradesh police seize Rs 2 crore hawala cash in Vijayawada
Cash recovered during vehicle inspection in Gunadala
Police in Andhra Pradesh seized more than Rs 2 crore in suspected hawala money during a vehicle check in Vijayawada. The interception took place in the Gunadala area during routine inspections.
According to officials, the cash was being illegally transported from Odisha to Vijayawada. The seizure was made after police stopped a car that was moving under suspicious circumstances and conducted a detailed search.
Five persons taken into custody
During the operation, five individuals travelling in the vehicle were taken into custody. Their identities and roles in the alleged hawala network are being examined as part of the ongoing inquiry.
The recovery of such a large amount of cash has raised concerns over illegal financial movement across state borders. Police are verifying the source and intended destination of the funds.
Cash handed over to Income Tax officials
Following the seizure, the recovered cash was handed over to Income Tax department officials for further investigation. Authorities are expected to examine financial records and possible violations under tax and financial laws.
The involvement of multiple individuals suggests an organised operation, though officials have not yet disclosed further details about the network.
Focus on interstate illegal cash movement
The incident highlights ongoing efforts by enforcement agencies to curb hawala transactions and unaccounted cash movement. Interstate routes are often monitored as part of such operations.
Police have intensified checks in key areas to identify suspicious transport of cash and prevent illegal financial activities. Further investigation is underway to establish links, if any, with larger networks.