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Cab driver and two others detained in Hyderabad for unexplained deposit of rupees seven crores in account

by IBNS 22 Dec 2016, 09:02 pm

Hyderabad, Dec 23 (IBNS): Three persons, including a cab driver, were detained after rupees seven crore were found deposited in the cab driver's account at State Bank of Hyderabad, according to media reports on Friday.

The income tax officials, while scrutinising huge amounts deposited after the declaration of the demonetisation scheme by Prime Minister Narendra Modi on Nov 8, discovered that rupees seven crore was deposited in cash in the cab driver's account and then was being transferred in a phased manner to a bullion trader's account.