09 February,2022 04:58 PM IST | Mumbai | PTI
Photo for representational purpose. Pic/ istock
The Railway Protection Force (RPF) has busted a 'hawala' racket at Dadar station in Mumbai and seized Rs 67.47 lakh from a person, officials said on Wednesday.
Hawala denotes illegal transaction of funds by skirting the legal banking channels.
On the basis of inputs, the RPF's crime intelligence branch laid a trap on Tuesday and arrested Sendharam Khumaram, who had arrived from Amravati, the Central Railway said in a release.
Khumaram was waiting on platform no.1 of the Dadar station to deliver the hawala money to someone, it said.
ALSO READ
Did the defectors from Shinde and Pawar's camps hold their ground?
Sharad Pawar accepts defeat but smells a strategy in Mahayuti’s win
BJP MLAs set to choose new legislative party leader
MNS on the brink: Party faces loss of iconic symbol after election rout
MNS faces major setback after failing to win a seat
He was questioned at the RPF post and an amount of Rs 67,47,500 was recovered from him, the release said.
The man was later handed over to the Government Railway Police (GRP) for further investigation into the matter.
This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever.