Acting on a tip-off through an unknown letter, police raided a house in Milan Chowk area in Brahmapur police station limits and seized Rs. 40 lakh unaccounted money and arrested a person, Karan Gayakwad, on November 1. The accused was booked under Sections 41(1)(d) and 102 [possessing something which may reasonably be suspected to be stolen property and of having committed an offence with reference to such thing] of Criminal Procedure Code as well as Prohibition Of Charging Exorbitant Interest Act.
Addressing a media conference at the police headquarters here on Wednesday, Alok Kumar, Inspector General of Police (North-East Range), said that the accused did not provide any satisfactory information about the source of the money.
“A unanimous letter complaining of illegal financing activities at exorbitant interest rate led us to the raid. Since the amount is huge, we have written to the Income Tax department requesting it to probe the case,” he said.
In another coordinated action, Brahmpur police, Station Bazar police and Raghavendra Nagar police raided the houses of Shreekant Onti, Meenakshi Kanta and Nagaraj Kalashetty respectively and seized Rs. 9 lakh unaccounted money. Three separate cases were booked under the Prohibition Of Charging Exorbitant Interest Act and the accused were arrested.
Referring to illegal financing activities in the city, Mr. Kumar appealed to public to boldly come forward to lodge complaints so that cases could stand strong in the court.
“In none of the cases mentioned here, nobody lodged a complaint. Based on the tip-off, police raided and booked cases. If the victims of illegal financing come forward and lodge complaints, the cases would be stronger in the court and chances of conviction increase,” he said.
Gambling
In another case reported from Sedam, sleuths in two teams raided a gambling hideout in APMC yard and arrested 17 persons including gambling kingpin Shivakumar Veerashetti Patil. A sum of Rs. 7.52 lakh, eight motorcycles, two four-wheelers and 18 mobiles were seized from the accused.
Superintendent of Police N. Shashikumar, Additional Superintendent of Police Lokesh and other officers were present.
