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4 held with Rs 70 lakh in foreign currency

The accused are residents of Ulhasnagar and are currently in police custody for being unable to explain why they were carrying the large sum.

| Mumbai | Published: January 14, 2016 5:10 am

THE Kurla railway police have arrested four persons for possessing foreign currency worth Rs 70 lakh, in Euros and US Dollars.

The accused are residents of Ulhasnagar and are currently in police custody for being unable to explain why they were carrying the large sum. The arrests were made at the Kurla railway station. Sources said the Anti-Terrorism Squad would also question the accused, adding that the Directorate of Revenue Intelligence had been intimated too.

Acting on a tip-off about four persons travelling with large sums of money, officers said, the police laid a trap at platform number 4 of the Kurla railway station on January 10 around 6 pm. The accused carrying trolley bags were identified after they alighted from the train. Upon search, investigators said, Euros 39,000 and US$61,000 were found in their possession.

“The total estimate of the unaccounted foreign currency is nearly Rs 70 lakh. The foreign currency was found concealed inside a compartment in the bag. We have also seized their passport and visas. The passports have a few stamps of foreign nations,” said a senior police officer attached with the Kurla railway police who did not wish to divulge more details.

According to the sources, preliminary probe has revealed that the money was to buy gold bars to be smuggled out of the country. “We are probing all angles, and suspect that the accused maybe a part of a terrorist organisation,” said another senior official.

mumbai.newsline@expressindia.com

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