Watch Video: IT department seized 2.3 crores from car's spare tyre

BENGALURU: The Income Tax department has had its hands full this election season, with various incidents of cash being seized from across the country. According to the latest reports, It department busted Rs. 2.3 crore in cash from the spare tyre of a car travelling from Bengaluru to Shivamogga in Karnataka. A video has surfaced of IT officials pulling out wads of cash from the stepney of the vehicle amounting to a whopping Rs 2.3 crore. 

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In a video, officials are seen sitting on the floor of a room with the tyre. While one official holds up the tire, another official takes out bundles of Rs. 2,000 notes. The video is being widely circulated on social media and only highlights the concerns of political analysts who have pointed out how these general elections are being fought merely on the basis of monetary dominance.

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The tax department received intelligence about cash being transported from the Karnataka capital to Shivamogga on Saturday. Officials intercepted a cash handler and searched his vehicle. The cash was found stuffed in the spare tyre of the vehicle. "Based on credible intelligence that cash would be transported from Bengaluru to Shimoga and Bhadravati, a cash handler was intercepted and his vehicle was searched. Cash in Rs.2,000 denomination has been found stuffed inside the wheel of the vehicle," the tax department said in a statement.

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