Bengaluru police and Income Tax seize Rs 10.3 crore in cash from vehicle

A joint operation by India's Income Tax Department and Bengaluru police has resulted in the seizure of more than Rs 10.3 crore in cash being transported from Bengaluru toward Tamil Nadu. The operation unfolded on the night of August 18, 2026, following specific intelligence shared by tax authorities with the Electronic City police.

Acting on a tip from Jagadish, Deputy Director of Income Tax, Unit 22, Bengaluru, night beat staff intercepted a Hyundai Creta vehicle, bearing registration number KL 20 T 8629, at approximately 10:30 PM. The car was stopped near a signal after the BETL toll on Hosur Road. Two occupants were detained, and the vehicle was handed over to Income Tax officials.

A detailed inspection of the vehicle led to the discovery of Rs 9 crore in cash, primarily in Rs 500 notes, concealed within a suitcase. One of the individuals taken into custody was identified as Sachin, 42, who officials said is associated with Sindhu Jewellers based in Thoothukudi, Tamil Nadu. The second occupant's identity was not immediately released by authorities.

The investigation was subsequently extended to Tamil Nadu, where Income Tax officials conducted searches at a residence linked to...