Watch: Rs 2.30 cr cash stuffed inside spare tyre seized in Karnataka

The Income Tax (I-T) Department on Saturday seized unaccounted cash of Rs 2.3 crore (in the denomination of Rs 2,000 notes) from the spare tyre of a car in Karnataka. The cash was being transported from Bengaluru to Shivamogga. A video went viral on social media where IT officials pulled out wads of cash from the stepney of the car.

Bengaluru: The Income Tax (I-T) Department on Saturday seized cash over Rs 2 crore stuffed inside the spare tyre of a car as part of various searches carried across the state. The cash was reportedly being transported from Bengaluru to Shivamogga.

"On the receipt of a credible input about the cash being transported from Bangalore to Shimoga and Bhadravati, a cash handler was intercepted. Upon inspection, Rs 2.3 crore cash was recovered from the spare tyre of his vehicle in the denomination of Rs 2,000 notes," I-T officials had said.

A video went viral on social media where IT officials can be seen pulling out wads of cash from the stepney of the car.

I-T sleuths also seized Rs 1 crore from a bank employee, after a raid was conducted on his house in Bagalkot. Whereas in Goa, searches were underway at the premises of two brothers who run a jewellery business in the state, when the reports last came in.

Also, cash in excess of Rs 10 lakh was also seized at Vijayapura, while the follow-up searches were being done in Bhadravati, where a seizure of Rs 60 lakh is expected, said I-T officials.