Bengaluru: Two hawala operators arrested; foreign currency worth Rs 1 crore hidden in mixer grinder seized

Bengaluru: The Directorate of Revenue Intelligence (DRI) has arrested two alleged hawala operators and seized foreign currency worth around Rs 1 crore hidden in a mixer grinder.

The two Tamil-Nadu based men were intercepted at the Kempegowda International Airport (KIA). When their backpacks were searched  the team investigating the case found foreign currency in US dollars, Dirhams and Euros wrapped in Malayalam newspapers and concealed in a mixer-grinder.

During the interrogation, the accused revealed that they were smuggling out the money to hand it over to hawala handlers in Dubai.

They have been arrested under Sections 104, 113, 135 of the Customs Act, 1962 read with Rule 7 of the Baggage Rules, 2016 for attempting to smuggle foreign currency.