Acting on a tip off, a joint team of Special Operation Group Jammu and Nagrota police intercepted a vehicle on Jammu-Srinagar highway yesterday, they said.
The joint team during the search recovered Rs 5 lakh of hawala money which was being transported to Jammu from Srinagar.
The three arrested were identified as police constable Zahid Latif, Taslim Arfan and Rakesh Kumar -- all belonging to Jammu.
A case has been registered and efforts are being made to collect further details related to the case, police said.
