Rs 6 Crore New Currency Cash Seized In Bengaluru

Income tax department seizes Rs 6 crore from SC Jayachandra’s house in the city. Cash worth rupees 4.7 Cr seized in new currency notes whereas Rs 2.3 Cr cash was seized in old currency notes. SC Jayachandra is the chief project officer of State Highway Development. Over 7 kgs of gold was also seized in the raid by the I-T department. The police also found various ID cards from the location and this the biggest seize of new currency. The investigation is on to understand how these men possessed so much of new currency