Bengaluru drug peddler’s property value Rs 1.60 crore seized

The Bengaluru police have seized property value Rs 1.60 crore of a drug peddler after a probe revealed that he had purchased numerous lands utilizing the cash that he earned by promoting medicine, mentioned officers.

The Central Crime Department (CCB) arrested Mruthyunjaya, 50, in July and seized medicine value Rs 80 lakh. Based on the police, Mruthyunjaya was a small-time farmer who turned to rising ganja after realising the profitability.

Joint commissioner of police (crime) Raman Gupta informed The Indian Specific that Mruthyunjaya got here beneath the police radar in 2006 when he was first caught with ganja. He used to develop it on his agricultural land and was promoting it in numerous locations.

The police additionally came upon that Mruthyunjaya and his spouse Bhagyamma had obtained round Rs 5 crore by means of numerous funds. It was additionally discovered that the accused had not filed earnings tax returns, the police mentioned.

Mruthyunjaya has three agricultural lands in Kolar district and one web site in Hoskote city in Bengaluru rural district, mentioned the police in line with whom, the federal government worth of those properties can be round Rs 41 lakh however the market worth round Rs 1.60 crore.

The Smugglers and International Change Manipulators (Forfeiture of Property) Act (SAFEMA) authority and The Narcotic Medicine and Psychotropic Substances tribunal ordered the confiscation of his belongings.

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