TIL Desk/National/New Delhi/ Raids are being carried out across the country by the Income Tax department in the wake of the burgeoning fake currency racket post demonetisation, as currencies both new and old have been seized in large amounts from Bengaluru, Panjim and Faridabad besides the national capital.
An amount of Rs 2.25 crore has been seized in Bengaluru by the Income Tax department in new currency, while Rs 68 lakh has been seized in Panjim. In Faridabad, four were arrested with new currency of over Rs 25 lakh in the new Rs 2000 notes. Meanwhile, in Delhi, yet another raid was carried out at a hotel in Karol Bagh following which the massive amount of Rs 3. 25 crore was recovered in old notes.
Upon interrogation it was found that the money belongs to some Mumbai-based hawala operators, who hired packaging specialists who pack these notes in such a manner that it was even undetectable by airport scanning machines. The I-T department has seized the cash and is analyzing the mobile details which allegedly contain details of lot of other hawala operators.
