New Delhi: Police in Karnataka seized Rs 7.6 crore worth of cash, gold and silver jewellery during a raid on the house of the owner of Hema Jewellers in Kambali Bazaar in Ballari on Sunday. The seized items included Rs 5.60 crore in cash, 3 kg of gold, and 103 kg of silver jewellery with 68 silver bars, India Today reported.
The owner, Naresh Soni, was taken into custody and questioned.
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Police suspect the seized items are the proceeds of a Hawala transaction.
A case has been registered by the police to probe further into the alleged transactions
