‘Hawala racket’ busted, ₹70 lakh seized
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Two persons from city arrested
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Assistant Commissioner of Police Harshitha Chandra showing the seized cash in Visakhapatnam on Sunday.
| Photo Credit:
K.R. Deepak
Two persons from city arrested
The city police busted a suspected hawala racket and arrested two persons near the Telugu Talli flyover on Saturday night. The police seized unaccounted cash of about ₹70 lakh, in the denomination of ₹500 and ₹2,000 notes from them.
The arrested were identified as Roshan Kumar Jain (49) and O. Srinivas, both from the city. A few more suspected to be involved in the case are yet to be arrested.