In a major crackdown on illegal financial operations, Bowenpally Police have apprehended two key suspects and seized ₹4.05 crore in hawala cash being transported illegally. The arrests were made in connection with Crime No. 665/2024 under Sections 316(2) and 318(4) of the Bharatiya Nyaya Sanhita (BNS).
Accused Identified
- Prakash Motibhai Prajapathi (30)
- Pragnesh Keerthibai Prajapathi (28)
How the Operation Unfolded
Acting on credible information police intercepted the duo within Addakal Police Station limits, Mahabubnagar as they were travelling in a Hyundai Creta allegedly carrying unaccounted cash. Upon questioning the accused confessed to transporting ₹4.05 crore of hawala money from Nagpur to Bengaluru.
The investigation also revealed their involvement in a ₹50 lakh cheating case reported in August 2024, where they allegedly duped a complainant through a Cash – RTGS fraud.
Police seized the entire amount under a formal panchanama and verification is currently underway to determine the Exact source and ownership of the funds.
Police Advisory
Authorities have urged citizens to stay cautious and avoid illegal Cash – RTGS transactions hawala deals and “Easy money” schemes. The public has been advised to report suspicious financial activity or unaccounted cash movement to the nearest police station.
