A day after seizing four trucks carrying 102 bags full of cash, diamond and jewellery from the Central railway station here, the Income Tax department made it clear that no terror angle had emerged yet and thus the National Investigation Agency (NIA) was no more involved in the probe.
The department on Wednesday completed counting the cash. “We have completed the counting of cash and the total amount has come up to Rs. 10 crore. We have not found any fake currency,” said Swatantra Kumar, Director General (Investigation) I-T.
He added that the department would take action under relevant I-T Acts and had not ruled out the possibility of hawala racket.
Mr. Kumar made it clear that only 40 per cent of the seized jewellery and diamonds had been evaluated and the entire process would take two more days. Jewellery and cash would be returned to those who brought official papers, the department added.
No arrests yet
No one has been detained so far in the case.
In a joint operation carried out by the NIA and the I-T department late on Monday night, four trucks carrying 102 bags were seized at the Central railway station. The bags were being sent to Gujarat through Gujarat Mail. As per a tip-off received by the NIA, the money was meant for funding terror activities. The NIA roped in the I-T department since large quantities of cash were recovered.
Keywords: diamond and jewellery seizure