IT Raid: New currency notes worth ₹70 crore seized in Chennai
Synopsis
Income Tax Department sleuths seize ₹70 crore in new currency Officers also seized 100 kg gold A total of ₹90 crore cash seized ₹1.75 crore was seized and eight people were arrested on Wednesday
The I-T department personnel have recovered ₹90 crore in cash after they busted a money exchange racket operating from Chennai. Of the total amount, ₹70 crore was in new currency.
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It can be noted that the I-T sleuths had arrested eight persons on Wednesday and had seized a whopping sum of ₹1.75 crore.
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Businessmen Sekar Reddy, Srinivasa Reddy and Prem were questioned by the IT sleuths in this regard.
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