Four hawala operators held with Rs 41 lakh cash in Indore

In the first incident, Mukund and Hansmukh were arrested from the city's M G Road area and Rs 11 lakh was recovered from them, while Vanraj and Jaideep were nabbed from another part of the city and Rs 30 lakh was seized, they said.

All the accused hail from Gujarat and are associated with hawala rackets, police said, adding further investigations are on.