NCB Chandigarh Recovers Rs 52 Lakh in Drug Money Over Four Days
The Narcotics Control Bureau's Chandigarh Zonal Unit has made a significant breakthrough in a major drug money laundering case. Over the past four days, officials have successfully seized Rs 52 lakh in cash linked to the illegal trade of psychotropic substances.
Breakthrough Follows Director's Arrest
NCB officials revealed that this recovery came after the recent arrest of a director from the firm IKON. During intensive interrogation, investigators uncovered a deliberate scheme. The company's directors had allegedly distributed drug money among various associates. They parked the cash at multiple locations to avoid detection once the probe began.
Raids and Voluntary Deposits Lead to Recovery
Acting swiftly on this critical information, NCB teams conducted coordinated raids across several locations in the region. The operation put pressure on those holding the illicit funds. Following sustained questioning, two associates chose to cooperate. They voluntarily deposited the cash that had been entrusted to them for safekeeping.
The agency recovered Rs 25 lakh on January 16. Further follow-up action led to the seizure of an additional Rs 27 lakh on January 19, completing the total recovery.
Part of a Major Regional Drug Seizure Case
NCB officials have stated this case represents one of the most significant drug seizures in the region. It is connected to a larger investigation where the bureau previously confiscated massive quantities of contraband. Earlier seizures included:
- 34 lakh psychotropic tablets
- 10.57 lakh CBCS bottles
- 1613 kg of raw material
- 573 kg of Tramadol bulk mixture
- 50,000 Tramadol ampoules
- 5,000 Midazolam vials
So far, the investigation has led to the arrest of 17 individuals. To deepen the probe, authorities have formed a Special Investigation Team (SIT). This team has a clear mandate: to identify and expose any individuals or entities providing shelter to absconding accused or assisting in concealing drug proceeds.
The recovery of this substantial cash amount marks a critical step in dismantling the financial network supporting the illegal drug trade in the area.
