Hyderabad, India | Dec, 2025 | Sky Link Times
In a major crackdown on illegal money movement, Bowenpally police in Hyderabad have arrested two Gujarat-based businessmen and seized Rs 4.5 crore in suspected hawala cash hidden in a specially built secret compartment beneath a car seat. The arrest has exposed a covert multi-state money transfer network, police said.
The accused were identified as Prakash Motibhai Prajapathi (30) and Pragnesh Keerthi Bai Prajapathi (28). They were allegedly transporting the cash from Nagpur to Bengaluru when police intercepted their vehicle in Telangana’s Mahabubnagar district.
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Year-Long Surveillance Leads to Interception
Bowenpally Inspector Tirupathi Raju said the accused had been under police surveillance for nearly a year in connection with a cheating and illegal money transfer case.
“Acting on precise intelligence, our teams tracked their car as it entered Telangana. When we attempted to stop them near Addakal in Mahabubnagar, they tried to flee but were successfully intercepted,” the official said.
A thorough search of the vehicle led to the discovery of bundles of cash concealed inside a secret compartment built beneath the car seat — a method believed to be used for dodging routine checks.
The entire cash amount of Rs 4.5 crore was seized under panchanama and has been sent for detailed examination to trace its origin and possible links to larger illegal financial operations.
Cheating Case Triggered the Probe
The current investigation is linked to a cheating complaint filed on December 7, 2024, by VT Vishwanath Chary, a resident of Nagole in Hyderabad.
According to the complaint, Chary and two others allegedly handed over Rs 50 lakh in cash to a man identified as Mohammad Subhan Pasha for a cash-for-RTGS conversion deal. The deal promised a return of Rs 60 lakh, which never materialised.
Following the complaint, police intensified surveillance on suspected hawala operators operating between Maharashtra, Telangana and Karnataka.
Accused Confesses to Hawala Transport
During interrogation, Prakash Prajapathi reportedly confessed to cheating the complainant in August 2024 and admitted that he was actively involved in transporting hawala cash across states.
Police suspect that the seized money could be part of a larger underground hawala network, possibly involving multiple middlemen and financiers.
“Further investigation is underway to identify other members of the syndicate and determine whether the money is linked to other financial crimes,” a senior police official said.
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Multi-State Hawala Network Under Scanner
Investigators are now examining:
The source of the Rs 4.5 crore cash
Links to other illegal financial transactions
Possible connections to business fronts and shell operations
The role of other suspects across states
Officials said that more arrests are likely as the probe expands.
Conclusion
The seizure marks one of the largest hawala cash recoveries in Telangana in recent months and underlines the increasing use of sophisticated concealment methods by illegal money carriers. Authorities have stepped up surveillance on interstate routes to prevent further unlawful financial activity.
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