Hyderabad: Punjagutta police seized an amount of 20 lakhs, identified as unaccountable cash on Saturday night, during a regular vehicle check at Somajiguda.
The accused were where they were caught red-handed carrying the cash in a car and were arrested in the discovery.
“On checking the vehicle, we found 20 lakh rupees in a rice bag. The occupants P Venkateshwarlu and Maheshwar Reddy failed to produce any documents which supported the cash. They failed to provide a satisfactory reply on the source of the money and hence the cash was seized,” the police said.
During the investigation, the accused revealed that they worked for a Jitender, and received commission on every transport of cash.
On Saturday night, the accused on receiving instructions from Jitender collected cash from an unidentified person near a local hospital and bagged the money in a car for transport while they were caught on the way, said the police.
Police booked the three accused while Jitender is yet to be taken into custody.