Bhopal, Oct 13 (PTI) The city police have arrested twosuspected hawala conduits and recovered cash worth Rs 80 lakhfrom their possession, which they were supposed to hand overto a Mumbai-based contact, a senior official said today.
The accused, identified as Dayanand Kukreja (48) andAshok Bhadwani (59), were intercepted last night when theywere heading to Bhopal railway station to board a train toMumbai, where they were supposed to deliver the money to oneHarish at the Lokmanya Tilak Terminus (LTT).
Superintendent of Police (Bhopal North) Hemant Chouhansaid the duo owned grocery shops in Mangalwara locality of thecity.
Chouhan said the duo were arrested as they failed toproduce any documents accounting for the cash they werecarrying.
"We have seized the money and booked them underrelevant sections of the IPC. We have informed the Income taxdepartment about the arrest," he said, adding that the duo had"admitted" that the money was part of a hawala racket.
The SP said the police are investigating the claims ofKukreja and Bhadwani that they had collected the cash fromlocal traders. PTI ADU MASNSK.
This is unedited, unformatted feed from the Press Trust of India wire.