Enforcement Directorate (ED) will soon take over the probe into the cash haul of Rs 1.43 crore here after demonetisation.
"We have already sent a copy of the FIR and seizure details to the Enforcement Directorate, New Delhi. They will register a case and begin probe," Sambalpur Superintendent of Police Akhilesvar Singh said.
ED will probe the money source and other financial angles involved in the seizure made here on Sunday, he said.
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A police team has meanwhile left for Bhubaneswar to collect the information about the seized currencies from Reserve Bank of India.
According to the police of the total seized cash, Rs 85,62,000 was in new currencies of Rs 2000 and Rs 500 denominations, Rs 25,29,000 was in old currencies of Rs 500 and Rs 1000 denominations and the remaining notes were in smaller denominations.
Police have so far arrested eight people, including the public relation officer of the main branch of State Bank of India in this connection. The other accused who have been arrested include his elder brother, liquor baron Zeyarat Ali, his three sons and two other businessmen.
Since withdrawal of such huge cash is not possible due to restriction imposed by RBI after demonetisation police suspect involvement of more bank employees in the case.
A team of police official had discussed the matter with the chief manager of the SBI main branch here yesterday. The district police have also handed over the detail of the seizure to the Income Tax Department.
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