Andhra Pradesh police seize ₹7 crore cash from overturned vehicle

Elections to the 25 Lok Sabha seats in Andhra Pradesh will be held simultaneously with the Assembly polls on 13 May.

ByPTI

Published May 11, 2024 | 3:12 PMUpdatedMay 11, 2024 | 3:44 PM

Cash seized in vehicle mishap

Andhra Pradesh police on Saturday, 11 May, seized ₹7 crore cash from a light commercial vehicle after it met with an accident near a toll plaza in East Godavari district.

Kovvuru sub-divisional police officer K Ch Rama Rao said the cash hidden under sacks of chemical lime was unearthed near Veeravalli toll plaza in Nallajerla mandal after a truck hit the light commercial vehicle (LCV) from behind, causing it to turn turtle.

The boxes containing cash were found after the LCV overturned in the mishap.

“The cash-laden vehicle started from Nacharam in Hyderabad and was headed to Mandapeta. The cash boxes were sandwiched between sacks of chemical lime. There were seven boxes, each containing ₹one crore,” Rao told PTI.

The driver of the vehicle K Veerabhadra Rao suffered a broken leg and an injury to his eye, prompting the police to shift him to a hospital for treatment before they could go ahead and register the arrest.

Police booked a case over the accident under IPC Section 338 and handed the cash to the Income Tax Department.

Meanwhile, police are probing the origin of the cash and the people behind its transit.

Elections to the 25 Lok Sabha seats in Andhra Pradesh will be held simultaneously with the Assembly polls on 13 May.

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