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Bengaluru: Rs 5.60 crore in cash, 3 kg of gold, 103 kg of silver jewellery, and 68 silver bars were seized by Karnataka Police in a major raid ahead of Lok Sabha polls 2024. The raid was conducted in Bellary town of Karnataka.
The police recovered huge piles of cash amounting to ₹ 5.6 crore. Gold and silver bars and jewellery worth crore were also recovered. The total recovery amounts to around ₹ 7.60 crore.
According to the police, the huge haul of cash and jewellery has been recovered from the home of Naresh, a jewellery shop owner. He has been taken into custody and is being interrogated, said police.
The police suspect a possible hawala link and have registered a case under section 98 of the Karnataka Police Act. The findings of the probe will be forwarded to the Income Tax department for further interrogation, said police.
