With Rs 4.7 crore in seized cash, cop sleeps in police station in Bengaluru

BENGALURU: An inspector was forced to spend a night in the police station to safeguard Rs 4.7 crore cash seized from two cash management service vehicles in Hebbagodi, Bengaluru Rural, on Friday.
The cash was seized on the basis of some missing documents. The issue has been reported to the Election Commission and officials of the cash redressal committee will decide on the future course of action, police sources said.
Trouble began when two vehicles carrying cash were flagged down at Hebbagodi checkpost by police inspector B Iyyanna Reddy and others. The vehicles, known for cash movement services, were entering Hebbagodi from Bengaluru city.
On inspection, cops found that there was Rs 4.7 crore in cash in the two vehicles. By then, staffers from the cash management service got down from the vehicles with the relevant documents. “According to them, the cash was drawn from a private bank branch in Madiwala and they had come to fill up ATM kiosks in and around Hebbagodi, Anekal, Chandapura and other areas. There were some relevant documents. But the QR code sticker, which should be pasted on the body of the vehicle with information on the cash transaction, was missing. According to the election code of conduct, pasting this QR code sticker on such a cash management vehicle is now a mandate,” a senior police officer explained.
“Officials from the Reserve Bank of India and income tax department visited Hebbagodi police station and scanned documents relating to Rs 4.7 crore. They said they were satisfied with them. But the final decision will be taken by members of the cash redressal committee,” he said.
Until the committee resolves the issue, the seized cash must be kept in Hebbagodi police station. Monitored by inspector Reddy, police constables are guarding the money round the clock.
Rs 10L seized, attached to court
In a similar incident, Hebbagodi police on Friday seized Rs 10 lakh that was being transported in a cash management vehicle.
The documents explained that the cash was collected from an online shopping company and another private firm and was being taken to a particular bank branch for deposit purposes. On account of lack of documents, cops seized the cash and attached the same to the jurisdictional court.