Cuttack: A youth has been arrested by Commissionerate Police for selling a gold plate in Dargah Bazaar at Cuttack and allegedly escaping with the money.
Reportedly, the youth, identified as Rakesh Dhaka of Kolkata’s West Medinipur, had sold a 500-gm gold plate at a jewelry store in the Dargah Bazaar area.
Following this, he collected a huge amount of cash and was about to Kolkata.
The Commissionerate Police caught him red-handed with a bag that had cash of Rs 26 lakhs. The cops recovered 52 packets of Rs 500 notes from his possession.
It has been learnt that he sold those in the form of gold plates to evade the GST. The police have notified the Income Tax Department regarding the incident. Further investigation into the matter is underway.