A 19-year-old man has been apprehended by CISF personnel at a Delhi Metro station here for allegedly carrying Rs 50 lakh cash on behalf of a Gujarat-based transport operator, officials said on Sunday.
They said the incident occurred on Saturday evening at the Barakhamba station when Thakur Dilip reached with a bag to board a train to Chandni Chowk station.
Rs 50 lakh cash-- in denominations of Rs 500, Rs 200 and Rs 100--was recovered from the bag of the man by CISF personnel and as the commuter could not explain reasons for carrying such huge cash, his employer was summoned.
His manager Jalpesh KB Patel (32) arrived at the station and saidhe is inthe business of transport commission and transfers cash on the instruction of his employer Dhruv Bhai Pol of Ahmedabad in Gujarat, a senior CISF officer said.
The manager said this cash of Rs 50 lakh was being similarly sent to Chandni Chowk, he said.
As there were no documents and valid reasons for carrying the cash, the case and money has been transferred to the Income Tax Department for further probe, he said.
Cash amount of over Rs 2 lakh in one single transaction has been banned since 2017 by the government as part of a legal measure to check black money.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
