Meerut: Two individuals have been apprehended in Bareilly for their alleged involvement in a hawala network with suspected connections to Dubai, authorities confirmed on Sunday. The crackdown on illicit financial activities resulted in the recovery of ₹35 lakh in cash, four mobile phones, and two counterfeit Aadhaar cards from their possession.
Details of the Arrest
Senior Superintendent of Police (SSP) Anurag Arya stated that the racket was allegedly operating through a shell company named KGN Company, which was used to channel unaccounted money via hawala channels. The origin of the funds and the alleged Dubai link are currently under investigation.
“Acting on a tip-off, a police team conducted a raid in the Madhobari area and arrested Jameer Ahmad, a resident of Hajiyapur Chungi, and Jagdish Chotiya from Bikaner, Rajasthan. During the search, officers seized ₹35 lakh in cash along with forged identity documents and mobile phones,” the SSP said.
Interrogation Revelations
During questioning, Jameer allegedly disclosed that he was in contact with a Dubai-based individual named Ali Zeeshan, who instructed the creation of a fictitious company in the name of Moin Ali. The firm operated from an office on Pilibhit Bypass Road in Ashutosh City but reportedly had no legitimate business activities.
Police revealed that Zeeshan would send token numbers via WhatsApp and arrange for substantial sums of money to be deposited into designated accounts. The funds were then allegedly transferred through hawala channels to contacts identified as Lalchand and Dhammaram in the Chandni Chowk area of Delhi.
Jagdish allegedly told investigators that he had been involved in hawala operations in Bareilly for the past four years, facilitating the movement of benami funds and assisting clients in tax evasion in exchange for commissions. The identities of senders and recipients were reportedly kept confidential.
Ongoing Investigation
Police have named Moin Ali, Lalchand, and Dhammaram as wanted accused in the case. A First Information Report (FIR) has been registered under relevant sections of the Bharatiya Nyaya Sanhita (BNS), and efforts are underway to trace the absconding suspects.
SSP Arya stated that an investigation is ongoing to determine whether the racket has broader financial or security implications. He added that specialized teams have been formed to probe the Dubai connection and uncover the full network behind the operation.
