Key Takeaways:
- Massive Seizure: Authorities in Bhopal recovered 52 kg of gold worth over ₹40 crore and ₹9.86 crore in cash from an abandoned car.
- Suspicious Abandonment: The car, left near Mendori-Kushalpur Road, was suspected to be linked to recent income tax raids.
- Owner Identified: The vehicle is registered to Chetan Singh, a resident of Gwalior currently living in Bhopal.
- Joint Investigation: Madhya Pradesh Police and Income Tax officials are collaborating to probe the origins and connections of the recovered assets.
Bhopal: In a major breakthrough, Madhya Pradesh Police and Income Tax officials uncovered a staggering ₹50 crore worth of gold and cash from an abandoned car in Bhopal on Thursday night. The haul included 52 kilograms of gold valued at ₹40 crore and ₹9.86 crore in cash, sparking speculation about its links to recent financial raids in the region.
Discovery of the Abandoned Car
The suspicious car was found near Mendori-Kushalpur Road, under the jurisdiction of Ratibad police station in Bhopal. Upon receiving information about the vehicle, police officials reached the spot and noticed seven to eight bags inside the car.
Deputy Commissioner of Police (DCP) Priyanka Shukla explained:
“The car was parked in an abandoned state, and initial suspicions suggested it might be connected to recent income tax and enforcement actions in the region.”
Breaking Open the Mystery
After alerting the Income Tax Department, officials arrived at the scene to inspect the vehicle. Due to locked doors, authorities had to break the car’s glass to access the bags. A thorough search revealed the extraordinary stash of gold and cash.
DCP Priyanka Shukla added:
“Upon inspection, we recovered 52 kilograms of gold and nearly ₹9.86 crore in cash. The matter has been handed over to the Income Tax Department for further investigation.”
Vehicle Ownership Traced
The car’s number plate, registered under the MP 07 (Gwalior RTO) code, was traced to Chetan Singh, a Gwalior native currently residing in Bhopal. Authorities suspect Singh could hold key information about the origins and intended recipients of the assets.
Ongoing Investigation
The seizure comes in the wake of a series of Income Tax raids targeting financial irregularities in Madhya Pradesh. Investigators are working to establish:
- Connections to criminal networks or tax evasion schemes.
- Ownership and transport details of the recovered assets.
- Potential involvement of high-profile individuals or organized groups.
Implications of the Seizure
This recovery has raised questions about the scale of illicit financial operations in the region. With Madhya Pradesh recently witnessing several enforcement actions, this case underscores the challenges authorities face in tackling economic offenses.
This high-profile investigation is expected to shed light on a broader network of financial irregularities, with authorities pledging a comprehensive probe into the matter. As the story unfolds, the implications of this seizure could reverberate across Madhya Pradesh’s economic and political landscape.
