What was seized by Hyderabad police?

Hyderabad police seized Rs 4.05 crore in hawala cash.

Who was arrested in the hawala case?

Two Gujarat-based businessmen, Prakash and Pragnesh Prajapathi, were arrested.

Where did the hawala money originate from?

The hawala money originated from Nagpur and was being transported to Bengaluru.

Home / Crime and Justice / Hawala Cash Seized: Rs 4 Crore Found in SUV

Hawala Cash Seized: Rs 4 Crore Found in SUV

6 Dec

Summary

Rs 4.05 crore hawala cash was seized by Hyderabad police.
Two Gujarat-based businessmen were arrested with the cash.
The money was illegally transported from Nagpur to Bengaluru.

Hawala Cash Seized: Rs 4 Crore Found in SUV

Hyderabad police successfully intercepted and seized Rs 4.05 crore in illicit hawala cash on Friday. The money was being transported illegally in a Maharashtra-registered SUV from Nagpur towards Bengaluru.

The interception occurred near Addakal in Mahabubnagar district, leading to the arrest of two businessmen from Gujarat. Identified as Prakash Prajapathi, 30, and Pragnesh Prajapathi, 28, they admitted that the significant sum of cash originated from Nagpur and was intended for delivery in Bengaluru.

Further investigation revealed that Prakash Prajapathi is wanted in connection with a Rs 50 lakh cheating case filed in December 2024. The seized cash has been secured, and authorities are continuing to investigate its source, ownership, and any wider hawala network linkages.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.