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Cash seized in poll raid; four held

Those arrested were identified as V Srinivas, N Satya Sari Ram, M Srinivasa Rao and M Satyanaranaya

Press Trust of India Rajahmundry(AP)
Last Updated : May 05 2014 | 10:30 AM IST
Four persons were arrested after Rs 2 crore unaccounted cash was allegedly seized from them in the city, police said today.

During a raid as a part of poll-related checking, police intercepted a car at Morampudi junction here late last night and found the four persons illegally carrying Rs two crore, Rajahmundry (Urban) Superintendent of Police Ravi Kumar Murthy said.

"Such a huge amount was seized for the first time in East Godavari district," he said.

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Those arrested were identified as V Srinivas, N Satya Sari Ram, M Srinivasa Rao and M Satyanaranaya.

The amount was apparently drawn to pay the salaries and arrears of employees of a construction company, he said.

Interrogation of the arrested persons was on, Murthy added.

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First Published: May 05 2014 | 9:41 AM IST

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