Vadodara Police Seize Rs 2.7 Crore Foreign Currency in Theft Case, Probe Underreporting
Vadodara Police Seize Rs 2.7 Crore Forex in Theft Probe

Vadodara Police Uncover Massive Foreign Currency Haul in Reported Theft Case

Police in Vadodara have made a startling discovery in what initially seemed like a straightforward theft case. Officers seized foreign currency worth a staggering Rs 2.7 crore from seven arrested individuals. This recovery dramatically overshadows the original complaint, which reported a theft of only Rs 10 lakh.

Investigation Turns to Complainant's Role

The Vadodara City Detection of Crime Branch (DCB) has taken charge of the investigation. They are now scrutinizing the complainant, a gift shop owner named Lilaram Revani. Authorities want to determine if he deliberately underreported the theft value. The police also aim to establish the legitimate source of such a large amount of foreign currency.

Deputy Commissioner of Police (Crime) Himanshukumar Verma expressed surprise at the recovery. He stated that Revani's complaint did not specify the stolen items, mentioning only the total value. "The arrest of seven accused led us to notes from over 20 countries," Verma explained. "We found the complainant had a forex trading license years ago, but currently lacks documentation."

Details of the Crime and Ongoing Probe

The incident occurred last Friday evening as Revani returned home from his Karelibaug shop. According to the FIR, two of the nine accused executed an elaborate plan. They threw chilli powder in the 67-year-old businessman's eyes and snatched his bag, allegedly containing Rs 10 lakh in cash.

Police have invoked dacoity charges since the number of accused exceeds five. The recovered currency includes notes from the US, UK, Gulf nations, New Zealand, and various Southeast Asian countries.

Verma confirmed that Revani will soon be summoned for questioning. "Either he or the accused must explain the source of this forex," Verma emphasized. "We are investigating whether the complainant willfully underreported the amount and why."

The panchnama is currently underway. Police expect to gain clarity within two days. They are also pursuing two remaining accused, including one mastermind, whose arrests may reveal further details.

This case highlights the complexities sometimes hidden beneath seemingly minor crimes. The Vadodara DCB continues its meticulous probe to uncover the full truth.