Bengaluru: One arrested, Rs 28 lakh illegal hawala money seized

Bengaluru: The Bengaluru police arrested a man here for his alleged involvement in a hawala transaction amounting to Rs 28 lakhs.

The arrested is identified as Pankaj Patel.

In a joint operation by the Crime Branch sleuths along with the police officers of the Special Investigating Team (SIT), Pankaj Patel was nabbed at Cubbon Pete area of Bengaluru on Monday and the police sized Rs 28 lakhs from him.

A smartphone and a counting machine were also confiscated from the suspect.

“Suspect, Pankaj Patel is said to be illegally channeling money through hawala channels. Rs 28 lakh cash along with a smartphone and counting machine were seized from him,” Sandeep Patil, Joint Commissioner of Police (CP), crime branch informed

A complaint has been registered against the suspect in the Halasuru gate police station and investigation in the matter is underway.