On Tuesday night, police on election duty stopped an allegedly ordinary truck carrying an extraordinary cargo of Rs 750 crore in cash on the National Highway (NH) at Gadwal. After several hours of suspense, it became clear that the truck had been a simple chest-to-chest money transfer. The money belonged to the Union Bank of India, moving from Kerala to Hyderabad. Rajeev Kumar, the chief election commissioner, recently visited Hyderabad and advised state election officials to reduce trafficking from Goa and other locations to Hyderabad via Mahbugnagar. The state has seen seizures exceeding Rs 165 crore, including cash, alcohol, illegal drugs, gold, and precious stones.
Telangana elections 2023: Cash-laden truck carrying Rs. 750 crore caused chaos
Telangana elections: Cops in Telangana who are on election duty are not taking any chances in light of the EC’s threat, and that is why, on Tuesday night, they stopped the truck on the highway after developing suspicions of possible foul play.
High voltage drama at Gadwal
High voltage drama occurred on the National Highway (NH) at Gadwal on Tuesday night when police on election duty stopped an allegedly ordinary truck carrying an “extraordinary cargo.” The cops got all worked up when they saw that vehicle carrying an incredible Rs 750 crore in cash.
What heightened the mystery was the location of the truck’s capture at 10.30 p.m. – the highway passing through Gadwal, which tends to be utilized by smugglers.
The Union Bank of India owned the money
After several hours of suspense, it emerged that all the fuss was unnecessary because the cash load belonged to the Union Bank of India, which was moving from Kerala to Hyderabad.
Telangana Chief Electoral Officer Vikas Raj’s statement
“The truck got out for its further journey after verification from bank officials,” according to Telangana Chief Electoral Officer Vikas Raj, who ended all the rumors on Wednesday.
“For a few hours, the truck transporting Rs 750 crore in cash held everyone’s focus, but finally, we learned it was just a straightforward chest-to-chest cash transfer. When this got authorized, the police gave the truck permission to keep going,” according to Vikas Raj.
Telangana elections: Rajeev Kumar recently toured Hyderabad
Rajeev Kumar, the chief election commissioner, recently traveled to Hyderabad before declaring the Telangana election timeline in Delhi. While there, he advised the state election officials to reduce trafficking from Goa and other locations to Hyderabad via Mahbugnagar.
The Election Commission is very tough on the authorities
The police on election duty in the state won’t be taking risks because the EC is talking harshly, so on Tuesday night, they halted the truck on the highway after becoming suspicious of possible foul play.
Total seizures in the state
In the meantime, total seizures in the state exceed Rs 165 crore and include cash, alcohol, illegal drugs, gold, and precious stones. The value of the confiscated gold, diamonds, and precious metals is Rs 62 crore, and the value of the cash is Rs 77 crore.