Bengaluru, April 21: Income-Tax (I-T) sleuths seized Rs 4.13 crore in cash and 4.52 kg gold jewellery valued at Rs 1.32 crore during raids conducted over the last three weeks in poll-bound Karnataka, an official said on Saturday.
"Of the Rs 4.13-crore seized, Rs 4.03 crore is in Rs 2,000 and Rs 500 currency notes, with Bengaluru accounting for Rs 2.47 crore and Ballari Rs 55 lakh," said state Joint Director of Income Tax Department G. Ramesh in a statement here.
The rich mining Ballari town is 330 km from Bengaluru.
A single-phase election to the 225-member Karnataka assembly, including one nominated member is scheduled on May 12 across the southern state, with the vote count on May 15.
"We have stepped up surveillance and monitoring of activities in view of the state assembly election. Seizure in higher denomination rises eyebrows, as people are finding difficulty in drawing cash from banks and ATMs due to its shortage in some parts of the country," asserted Ramesh.
High alertness at airports and railway stations across the state led to detection of a person carrying Rs 16.5-lakh in cash at one of the airports without valid proof of its source.
"A follow-up action against the accused person led to detection and seizure of additional Rs 37 lakh in his Mumbai premises. We have seized all the cash amounting to Rs 53.50 lakh," pointed out Ramesh.
In raid, the sleuths seized Rs 55 lakh in cash from a person to whom a contractor paid in a districts and confession by the latter of concealing Rs 16 crore to evade paying income tax on it.
In another case, household articles valued at Rs 9.51 crore intended for distribution was found in a warehouse near Mysuru.
"Investigation revealed that the articles were meant for distribution was found in a warehouse near Mysuru," claimed Ramesh.
Rs 50 lakh cash was sized from a person, whose name and place has not been released.
"We have set up a 24x7 control room in the city to receive election related complaints from the public and other state agencies. Strike teams have also been formed with powers in all the 30 districts to act," said Ramesh.
The bank's investigation cell has gathered details of contract payments made in the last quarter of the fiscal 2017-18 and comparing them pervious years to identify abnormality.
"We are also co-relating bank transactions and cash withdrawals with other officials," added Ramesh.
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Australia add Steve Smith as replacement for Hazlewood in T20 World Cup squad
Pallekele (PTI): Senior Australia batter Steve Smith was on Monday approved as replacement for the injured pacer Josh Hazlewood, hours before his side's must-win T20 World Cup match against Sri Lanka here.
Smith thus becomes the 15th member of the injury-hit Australia squad.
"Smith is named as a replacement for Hazlewood, who is now officially ruled out from participating in the tournament due to a calf injury. The team’s medical staff had hoped to have him fit in time to feature in the latter parts of the tournament but were unsuccessful," the ICC said in statement.
Smith had earlier been flown to Sri Lanka as cover for skipper Mitchell Marsh, who missed Australia's opening two matches due to a testicular injury.
The veteran batter trained with the squad on Sunday and is in contention to feature in the crucial clash.
Smith has not played a T20I since February last year but has been in good form in the format in domestic competitions.
In positive signs for the 2021 champions, Marsh too has returned to training. The skipper batted in the nets while also taking part in running and fielding drills on Sunday.
Australia’s World Cup campaign is hanging in the balance following their 23-run defeat to Zimbabwe, and they must beat Sri Lanka on Monday to avoid an early exit.
