Suspected unaccounted cash of ₹2.70 crore seized from autorickshaw

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The Kochi city police on Saturday (March 29) seized suspected unaccounted money worth ₹2.70 crore from an autorickshaw and took into custody two persons, including a migrant.

The money was seized from the autorickshaw parked near the walkway at Kannengatt bridge near Willingdon Island. Sabish Ahammad, 25, from Bihar, an employee at a garment shop in Broadway, and Rajagopal, 40, a Tamil Nadu native residing in Kadavanthra, were the ones taken into custody.

They claimed that the money allegedly belonged to the owner of the textile shop. The autorickshaw raised suspicion, following which a police patrol team from the Harbor Station examined it. Reportedly, money was found in three large shopping bags. The owner of the garment company, residing in Elamakkara, reportedly claimed the cash, stating it was to be handed over to a middleman for a property transaction. However, the police weren’t convinced and alerted the bank and income tax officials.

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The Hindu