Davangere: Three arrested, unaccounted cash worth Rs 1.47 crore seized

Davangere: The district police arrested three people and seized Rs 1.47 crore unaccounted cash near Aralimara circle on KR Road in the city.

The arrested are identified as Mahesh (25), Beeralinga (23), and Srikanth (26.

Reportedly, the cash was being transported in the Kalaburgi registered car when stopped by the Azad Nagar police who found no documents for the cash and confiscated it along with the vehicle.

According to police, the cash belonged to Sreepal Jain — a resident of Kalaburgi.

Police have decided to hand over the cash to Income Tax officials for investigation.