Noida Police arrests 8 people with over Rs 2 crore cash

Noida Police arrested eight people after cash of over Rs 2 crore was recovered from a car in the Sector 58 area on Thursday. The cash is suspected to be for hawala business and the counting of seized cash is still underway, said police.
The arrested people have been identified as Jayanti Bhai from Ahmedabad, Sandip Sharma from Delhi, Vinay Kumar from Delhi, Abhijeet Hazra from North West Bengal, Rohit Jain from Noida Sector-56, Vipul from Delhi, Minesh Shah from Mumbai and Anuj from Indore. Soon after the recovery by the police, the officials from the Income Tax Department reached the spot.
As per the information received from them so far, along with the cash, also recovered were 11 mobile phones, 2 laptops and 8 mobile phones. “It is expected that Rs 2 crore was being taken for the hawala network. The interrogation of all the detained people is going on,” said police.
The police had received information about the possible deal of hawala in Sector 55.
“The police station Sector 58 got information that some people doing hawala business are coming to do a deal in Sector-55, who have a lot of cash. The police team from Sector 55 Noida took quick action on the information and arrested eight people,” said police. The counting of recovered cash will be done by the Income Tax Department after inquiry.
The GB Nagar Police department released a statement saying that they were about to make a deal by booking more than 1 dozen mobiles. The arrested were interrogated at police station of sector—58 all night long by senior income tax officers. The Income tax team reached Noida’s sector-58 police station with the cash where all top police officers were already present. It is not yet known to whom exactly the cash belongs, but, the Noida Police issued a press release saying that money was believed to be linked to Hawala.