PERAMBALUR: Nearly Rs 2.5 crore in unaccounted cash was seized during a late-night vehicle inspection on Monday near Chengunam in Perambalur district, election officials said on Tuesday morning.
The seizure took place around 11.30 pm when a flying squad led by tahsildar Palani Selvam intercepted a Swift Dzire car driven by Jeyaraman. Officials reportedly found Rs 2,49,95,000 in cash inside the vehicle, with no valid documentation produced at the spot. All the currency notes were said to be in Rs 500 denominations.
The cash was confiscated and handed over to Revenue Divisional Officer M. Anitha, the returning officer for the Perambalur (Reserved) Assembly constituency. It was later transferred to the Income Tax Department for further verification.
Officials said the amount may be claimed if the owner produces valid documents proving the source and purpose of the cash. Sources said Jeyaraman is a DMK farmers’ wing functionary from Keezhapuliyur. Further inquiry is under way.