Kolkata Police Seize Rs 37.97 Lakh Cash, 662 Grams Gold in Separate Naka Checkings

• Netaji Nagar Police recovered Rs 37.97 lakh cash from Ashutosh Agarwal during a naka checking at Surya Nagar crossing.
• Agarwal was handed over to the Income Tax Department for interrogation regarding the source and purpose of the large sum.
• In a separate incident, police seized 662 grams of gold chains, valued at approximately Rs 1 crore, from two passengers at the airport.
• The passengers, who arrived from Bangkok on an Air Asia flight, were arrested on suspicion of gold smuggling.
• Authorities are investigating the smuggling ring and the intended delivery of the gold, while keeping the names of the arrested individuals confidential for investigation purposes.

Key Questions Answered

How will the Income Tax Department investigate the cash source?

The Income Tax Department investigates cash sources by questioning individuals about documentation for the funds.

Could this be linked to a larger financial crime network?

Yes, recent reports indicate potential links to larger financial crime networks through various scams involving multiple accounts and significant transactions.