Hawala money totalling Rs 56 lakh was seized from an uninhabited house and two persons were arrested in this connection at nearby Koduvally today, police said.
Police made the seizure during a raid conducted on a tip-off that the house was being used as a centre for distribution of hawala money.
Following investigations, T A Mohammed Ashraf and P M Sattar belonging to Aavilora near Koduvally were arrested for alleged involvement in the hawala racket, police said.