Sleuths of Commissioner’s Task Force (East Zone) tracked and nabbed one Thakur Kranthi Singh and three constables attached to Begumbazar police station, police said.
The constables were identified as G Mahender, Y Sachin and C Puroshatham. Singh earlier worked as a collection agent with a city- based steel firm and also knew about hawala operations, police said.
Five months ago Singh came in contact with Mahender and Puroshatham through his friend Sachin. Singh was aware of illegal money laundering centres in the city as he had been collecting hawala amounts on behalf of his firm, where he worked for 12 years, they said.
Mahender suggested that they can form a team, pose as policemen and rob people carrying hawala money. They knew the victims would hesitate to lodge complaint as their work was illegal, Police Commissioner Anurag Sharma said in a release.
Using this modus operandi, the four hatched a plan and on October 21, they snatched a bag containing Rs 50 lakh in hawala money from two persons here, the release added.