Acting on a tip-off, RPF Inspector R K Kachhvaha with other officers raided the AC bogey (AC-3) of Danapur-Udhna Express at Danapur railway station and recovered Rs 98,50,000 from the possession of four persons, including two women, RPF Senior Commandant C M Mishra told reporters.
Mishra said the four persons along with the recovered amount had been handed over to the Income Tax (IT) Department.
If the amount is in accordance with the books, then the money would be returned and if it is found at variance with books, then assessment would be done to fix tax liability, sources said.
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