COIMBATORE: Police have seized Rs 40 lakh, which is suspected to be part of hawala transaction, from a truck laden with cement in Tirupur district on Thursday.
According to a police officer, the seizure was made during a vehicle check near Best Nagar on Dharapuram-Pollachi road around midnight on Wednesday.
“The truck bearing Karnataka registration was heading to Kozhikode in Kerala from Karur with cement bags.
We examined the driver’s cabin and found a sack of PDS rice and another bag filled with cash,” the officer said.
Police seized the cash and took truck driver Ragavan, a resident of Kerala, and the vehicle to Dharapuram police station.
They also informed the income tax officials about the seizure.
“During the inquiry, Ragavan said the money was given to him by a person in Karur to be handed over to another person in Kozhikode.
Ragavan said he was told the money was meant for a wedding function in Kerala.
We have contacted the man who gave him the cash and the man to receive the same in Kozhikode and asked them to come to the station,” the officer said.