Police bust suspected case of gold hawala

Mangalore | Tuesday | 6th November, 2018

Summary:

"We will also loop in the Enforcement Directorate in this case," he said.Manjunath and Santhosh Kudlekar, owner of Vaishnavi Jewellers, will automatically become part of the larger suspected gold hawala probe. The booty included 7,250 currency notes of Rs 2,000 denomination and 6,000 notes of Rs 500 denomination, he said. Given that the number accused is now six, Suresh said the section of dacoity as against robbery with kidnapping will now be incorporated into the FIR. "We believe Manjunath could have been carrying around Rs 2.35 crore with him," he added.Recovery of the amount, the second largest seized by city police, forced its top brass to inform the IT department. Santhosh has an outlet in Mumbai and Manjunath was a regular courier of gold to and cash from there, he said.Noting that the duo was inspired by a similar modus operandi used by the infamous 'Target Gang' of Ullal, Suresh said the remaining Rs 60 lakh is with four other accused for whom a manhunt has been launched..