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The containers escorted by three cars, did not halt, but officials chased them and stopped them near Chengapalli.
Tamil Nadu Electoral officials today seized about Rs 570 crore from three trucks during checking in Tirupur district, which the occupants of the vehicles claimed was for inter-bank money transfer.
All you need to know
Three trucks carrying Rs 570 crore belonging to State Bank of India and was on its way from Coimbatore to Visakhapatnam along with three escorts vehicles.
There was a bit of confusion between the flying squad and the money escorts due to language barrier. Officials said that personnel accompanying the containers told them that they were transferring Rs 570 crore from State Bank of India in Coimbatore to Vishakhapatnam branches.
The men in cars, who claimed to be policemen from Andhra Pradesh but were not in proper uniform.
The officials got suspicious when they failed to show all the necessary documents and efforts were on to ascertain the veracity of their claim.
The containers escorted by three cars, did not halt, but officials chased them and stopped them near Chengapalli.
When asked why they had sped away without stopping, they told the police they feared it was a robbery attempt and that they were unaware that the officials were from the election department.
Officials from State Bank of India Coimbatore and Vishakhapatnam were informed and are rushing to the spot, police said.
A check revealed the amount, kept in many boxes, inside the containers, they said.
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