Hyderabad: The East Zone Task Force of the Hyderabad City Police on Friday busted a ‘hawala’ racket and arrested five persons here on Friday. Officials seized Rs 1 crore of alleged ‘hawala’ cash from them.
They were illegally transferring the cash to traders on a commission basis, police said. Following a tip-off, the Task Force busted the racket and caught the gang.
More details are awaited.
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