CHENNAI: Investigating a car theft case, a team from Manimangalam police station seized Rs 80 lakh from two young men in the Shenoy Nagar area of the city on Tuesday.
The drama unfolded when a team of police officials from Manimangalam arrived at a building in Shenoy Nagar's 8th Cross Street to conduct an inquiry related to the vehicle theft that they were investigating. Seeing the police, two persons who were present at the location attempted to flee the scene.
The police personnel chased and apprehended the two men, later identified as Vinesh and Mahesh Kumar. They were found to be carrying Rs 80 lakh in cash, and were subsequently taken to the Anna Nagar police station for questioning.
During interrogation, the duo claimed that the cash was given to them by their employer, who is reportedly involved in real estate business. However, beyond the oral submission, they were not able to provide any valid documents to account for the possession of such a large sum of money.
The Manimangalam police handed over both the cash and the two youth to the Income Tax Department officials for further investigation and necessary action.
The Income Tax Department is now probing the source of the funds to find out if it constitutes unaccounted money.