Chennai: Police on Thursday confiscated cash and gold bars from two brothers after a search of their perfume showroom.
A special Anna Nagar police team seized 30.77 lakh and gold bars weighing 140 g from the brothers as they failed to show the source of the cash. Later,police and handed over the cash and gold to Income Tax officials.
Police said the team zeroed in on the perfume showroom based on bank transactions of two men arrested for smuggling and peddling ganja on Monday. One of them, police found, transferred 20,000 through an online portal to the account of a man who sells pets. Investigators found he received cash from various bank accounts regularly. They said the man told them he had handed over the cash to the brothers on the instructions of someone in the UK. Police are probing r to confirm if they have stumbled upon a hawala racket.
The brothers reportedly told police the money was what they got from selling ECR property but were yet to produce proof of this. tnn
