Cops seize Rs 59 lakh hawala money in Hyderabad, 5 held

Ahead of assembly polls in the state, five people were arrested by the police for transporting hawala money on Thursday and Rs 59 lakh cash was seized from them.

Pupalla Mahesh (28), driver of Vallabhaneni Anil Kumar, president of Telugu Yuvatha Telangana State has been arrested along with four others Guman Singh (63), Nepal Singh (22), Damuluri Srinivas Rao (28), Sirishilla Avinash (35).

According to the police, Anil Kumar told his driver to transport the money to Jagitial through the hawala agents Naresh and Sirishilla Avinash.

On a tip-off, the police followed Mahesh car who is heading to Naresh home with the money. As Naresh was not at home, he handed over the money to Naresh's father Guman Singh.

Avinash who is into the Hawala business charges 0.6 per cent to transport the money.