HYDERABAD: In yet another crackdown on
money laundering
,
post demonetisation
, the South Zone cops took into custody four persons allegedly involved in
robbery.
Police said that Davesh Agarwal, who is a resident of Asmangarh, obtained '58 lakh in the form of new currency notes from his uncle
Ajay Kumar Agarwal
. The latter, cops said, owns a cloth mill in Chandrayangutta.Cops said that Davesh promised his uncle that he would get a handsome commission once he exchanged the currency.
To make a quick buck, Ajay contacted four persons who cops identified as -Shankar, Yogesh, Anwar Ali and Naik -all residents of of Vinay Nagar in
Saidabad
, after which a deal was struck A case was registered by the Bahadurpura police and the accused were taken into custody. “The investigation is on to recover the robbed amount,“ said Charminar assistant commissioner of police K Ashok Chakravarthy.
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