Two days after Rs 99.50 lakh unaccounted cash was seized by the Muthialpet police, a similar seizure was reported by the Esplanade police in which Rs 17.79 lakh has been seized from a man.
However, as his replies were contradictory, officials checked his bag and found Rs 8.29 lakh in cash. It was seized and based on his confession, the police raided the house he was staying in on Broadway and seized another Rs 9.50 lakh and a currency counting machine.
As he did not have any valid documents to account for the money, the police suspect that he could be a courier used for hawala transaction. The man was identified as S Moideen Thambi (26) of Kayalpattinam in Tiruchendur taluk.
A senior police officer said that he would be handed over to the Income Tax department for further investigation.