Flying squad officials seized ₹2.83 crore of unaccounted for cash near Paramathi Velur in Namakal, on Friday (April 12, 2024) evening.
Flying squad officials were engaged in vehicle checks at the Cauvery Bridge near Paramathi Velur. One of the vehicles they checked had ₹2.83 crore in cash in it. The passengers in the vehicle claimed that the money was being transported to various ATM centers in Tiruchengode and Erode district and produced documents.
However, the officials who verified the documents found that they did not account for all of the cash. Following this, the flying squad officials seized the money and handed it over to Assistant Returning Officer, Balakrishnan. Officials also informed the Income Tax department about the seizure.