The Andhra Pradesh police seized Rs 1.3 crore cash in transit from Visakhapatnam to Vijayawada, stuffed in two washing machines which were part of an electrical appliances showroom consignment, said an official on Wednesday.
Police seized the cash, six washing machines and 30 cell phones belonging to a private firm from a mini-cargo truck bound for Vijayawada and arrested three persons acting as couriers, the official said.
"The company was sending the money from its branches in and around Visakhapatnam such as Srikakulam and Vizianagaram to Vijayawada branch to be deposited in a bank there," Gajuwaka DCP K Ananda Reddy told news agency PTI about the cash seizure.
However, when police asked as to why the cash was being shifted stealthily, Mr Reddy said executives from the electrical appliances chain failed to give a convincing explanation or show proper documents.
Police registered a case under CrPC Sections 102 and 41 and handed over the cash to a local court.
Further, the police have informed the Income Tax Department and GST authorities about the seizure.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
Featured Video Of The Day
Andhra Pradesh To Upgrade School Syllabus To Meet Future Needs Woman Tries To Attack Ex Lover With Acid Before His Wedding In Andhra Pradesh: Cops AP PGCET 2024: Counselling Registration Begins, Check Details How Extreme Weather Is Leading To Rise In Child Marriages In Pakistan Muhammad Yunus Dials PM Modi, Assures Protection Of Hindus In Bangladesh "Don't Expect Anything From Me": Kolkata Hospital's New Principal Loses Cool 3 Days After Big Order On Deposits With SBI And PNB, Karnataka Hits Pause Man Arrested For Raising Palestine Flag On Independence Day: Cops Railway Recruitment Cell Invites Applications For 4,096 Apprentice Positions Track Latest News Live on NDTV.com and get news updates from India and around the world.