Unaccounted cash worth Rs 42.20 lakh seized in Atmakur ahead of municipal polls

Police and election flying squad officials seized unaccounted cash worth Rs 42.20 lakh during a raid at a businessman's residence in Atmakur, Nandyal district.

Based on specific information that cash was stashed to influence voters in the upcoming municipal elections, the team conducted searches at the house of Bhimisetti Krishnamurthy, a real estate businessman in Rataja Veedhi. Flying Squad officers, along with CI Maheshwara Reddy and SI Narayana Reddy, discovered the money hidden in a bedroom cupboard on the first floor.

As the businessman failed to produce valid documents or proof for the recovered cash, the authorities seized the entire amount. Local police said these inspections were being carried out to ensure free and fair local body elections.

Atmakur DSP Ramanji Nayak stated that the seized cash is being handed over to Income Tax department officials for further investigation and the matter is being reported to the Election Commission for necessary action.