West Bengal's Birbhum Police recovered more than ₹50 crore in cash and gold from the home of bus driver Minar Mondal after a raid that lasted over 19 hours, the authorities said. The seizure included over ₹28.5 crore in cash and 15 kilograms of gold, concealed in hidden cupboards, according to livemint.com.
The police conducted a marathon operation to count the cash and verify the assets found during the search. The raid revealed a shift in the storage of wealth from cash to gold, which is easier to conceal. The investigation into the source of the funds and gold is ongoing, with officials focusing on the unusual accumulation of such high-value assets by a bus driver.
This case highlights concerns about unaccounted wealth and the challenges law enforcement faces in tracking illicit money. The recovery is one of the largest seizures of cash and gold in the region recently. It underscores the broader issue of cash hoarding and asset concealment in India, which authorities have been targeting through various enforcement actions.
The Birbhum Police concluded the operation on July 30, 2026, with the total value of seized assets exceeding ₹50 crore. The investigation continues as authorities seek to uncover the origins and implications of this significant recovery.