Chandigarh: 1.214 kg gold, Rs 1.42-cr unaccounted cash recovered from Ambala resident’s car
Car driver failed to produce valid documents and reason for carrying gold, cash
The Chandigarh police today arrested a resident of Ambala for carrying 1.214 kg of gold (worth nearly Rs 1.81 crore) and unaccounted cash of Rs 1.42 crore in his car at a temporary check-point put up at Industrial Area.
The police took the unaccounted gold and cash in their possession of after car driver Jagmohan Jain failed to produce valid documents and reason for carrying it. The police also impounded the car.
According to the police officials, a car bearing Haryana number was stopped for a random checking. The driver was hesitant to comply with the police request and acted suspiciously. According to officers on duty, he tried to escape the checkpoint by taking a wrong turn, but failed due to traffic. “While searching the vehicle, the police recovered gold and cash. The accused failed to reveal its source. The accused is being questioned,” said an official.
The police have involved other agencies in the investigation to find links with hawala transactions, tax evasion or other illegal financial activities. Further legal action will be initiated after verification of documents and financial transactions, they added.
