Kasargod, July 14, 2020: Kumble excise officials have busted a hawala racket and have seized Rs 2.87 crore hawala money apart from gold ornaments weighing 20 sovereigns. A person identified as Irshad (33) from Mangaluru has been arrested in connection with the case.
A car which was carrying the hawala money and was proceeding on the National Highway at Toominadu had sped forth on seeing the excise officials. Sensing something suspicious, the officials chased the vehicle and ultimately managed to intercept it. On checking, cash and gold was found. The cash seized included currency notes of 2000 and 500 denominations.
Manjeshwar police are conducting investigations.