Ranchi, Nov 14 : Security agencies in Jharkhand are on high alert and are keeping a close watch on moves by Maoist guerrillas to turn their unaccounted money, collected in the form of levy, into "white".
On November 10, police arrested Nand Kishore, a petrol pump owner from Bero on the outskirts of Ranchi. He was carrying Rs 25 lakh cash and going to deposit the money in the bank.
Police intercepted him and later arrested him. During interrogation, Kishore admitted that the money belonged to the banned Maoist organization, People's Liberation Front of India (PLFI) supremo Dinesh Gope. Kishore was to deposit the money in his account in the name of petrol and diesel sales.
In Jharkhand, Maoist guerrillas collect Rs 150 crore to Rs 200 crore in the form of levy, police said.
"Maoists collect 5 to 6 per cent levy from development, infrastructure, mining and other sources. This money is used by the Maoist organisations and a large amount also goes to Maoist leaders. The levy is collected in the form of Rs 500 and Rs 1,000 notes. The levy money is also used to purchase arms and other things," a police officer involved in the Maoist operations told IANS.
He revealed that due to heavy collection of levy, around seven Maoist organisations are "flourishing". These Maoist organisations operate in different districts he added.
After the demonetisation of Rs 500/Rs 1,000 notes on November 8, Maoists are using their white-collared network to turn their black money into white, the police officer said.
Police sources say that contractors, petrol pump owners, mining area contractors, officials, and leaders falling in Maoist bastion areas have been put under close watch.
Police sources said the police headquarters has recommended a Special Investigation Team (SIT) to assess the assets of 10 Maoist guerrillas who are learned to have earned "huge money" in the form of levy from two coal projects - Piparwar and Amprapali.
"The demonetisation is a big setback for the Maoists. We are keeping close watch on transactions of the money of Maoist guerrillas. We have activated our network to gather information of Maoist guerrillas' transactions. We will also seek the help of Income Tax and Enforcement Directorate (ED)," M.S. Bhatia, IG operations and police spokesperson, told IANS.
New Delhi, June 20: Defence Minister Nirmala Sitharaman on Wednesday met the family of martyred Indian Army soldier Aurangzeb in J&K's Poonch. Accompanied by high-ranking officials from Indian Army ..Written by : IANS | 01:28 PM
Hyderabad, June 20: In a major tip-off, Nine people, including three women, have been arrested for allegedly running 'illegal' finance business in the Old City here, police said on Tuesday. During ..Written by : IANS | 01:27 PM
Hyderabad, June 20: In a panic incident, A portion of the road in Bowenpally area caved in on Tuesday, resulting in traffic chaos on the busy stretch from Diamond Point to Bapuji Nagar. A sink-hole ..Written by : IANS | 12:34 PM
Hyderabad, June 19: Tollywood Mega Powerstar Ram Charan's upcoming film shooting in brisk pace under the direction of Boyapati Sreenu in and around Hyderabad city. The makers have recently announce ..Written by : IANS | 08:01 PM
Bengaluru, June 19: In a ghastly incident, Several houses in Kadur in Chikkamagaluru were ablaze on Tuesday afternoon after an oil tanker exploded in the region. At the time of writing, the driver and ..Written by : IANS | 07:32 PM
Hyderabad, June 19: The controversial reality show Bigg Boss 2 Telugu's first contestant Sanjana Anne asked to leave the house in Sunday's episode. Sanjana Anne joined Nani's Bigg Boss 2 in 'commo ..Written by : IANS | 07:16 PM
Bengaluru, June 19: As we know that, BJP has pulled out of its alliance with the PDP or People's Democratic Party in Jammu and Kashmir here on today. After the BJP pulled out of the coalition gover ..Written by : IANS | 06:52 PM
Hyderabad, April 12: Nagarjuna's song "Ninnu Roddu Meeda Chusnadi Laggayithu" one of the most popular songs in 1990's. The Song has got a tremendous response in that time. The SOng was super hit film ..Written by : IANS | 05:04 PM
Hyderabad, Apr 10: Preparations related to NTR Rama Rao biopic are ongoing. Bala Krishna is playing the role of NT Rama Rao while the rest of the cast has to be finalized. The selection process for th ..Written by : IANS | 02:13 PM
Hyderabad, Apr 03: Power star Pawan Kalyan has congratulated on the hit of Rangasthalam team here on today. Pawan spoke to Charan after watching "Rangasthalam" on the special screen, he told that h ..Written by : IANS | 04:47 PM
Hyderabad, Mar 26: The Tollywood Gorgeous actress Anushka Shetty had a fabulous start to 2018 with the solid success of Bhaagamathie. Although there have been several rumors on her future projects ..Written by : IANS | 03:04 PM
Hyderabad, June 20: In a major achievement, T ..
New Delhi, June 20: Narendra Modi, who is the ..
Mumbai, June 20: In a brutal incident, A chor ..
New Delhi, June 20: The President Ram Nath Ko ..
Bengaluru, June 19: In a ghastly incident, Se ..
Bengaluru, June 19: As we know that, BJP has ..
Bihar, June 19: In a tragic incident, Six chi ..
Jammu and Kashmir, June 19: In a surprising p ..
Lucknow, June 19: In a ghastly incident, At ..
New Delhi, June 19: India's Leading Telecom C ..
New Delhi, June 19: The Forbes World's Billio ..
San Francisco, June 17: In a significant deve ..
Indonesian, June 17: In a drastic incident, A ..
New Delhi, June 16: The Indian Government has ..
Washington, June 16: US President Donald Trum ..
Washington, June 16: Days After Donald Trump ..
New Delhi, June 16: Eid al-Fitr is "the feast ..
London, June 15: This year's World Cup kicked ..
Nigerian, June 13: A Nigerian man sent off hi ..
Singapore, June 13: The 80-year-old Singapore ..
Hyderabad, June 20: Team India Former Captain ..
St. Petersburg, June 20: In FIFA World cup th ..
Mumbai, June 18: It is well-known news that T ..
The Netherlands, June 18: There is a rare occ ..
Mumbai, June 17: As the world Father's day on ..
Colombo, June 17: The ICC has charged Dinesh ..
New Delhi, June 17: Team India player Rohit S ..
New Delhi, June 17: It is well-known news tha ..
New Delhi, June 17: Team India Star player Su ..
Bangalore, June 16: India has won the one-off ..
New Delhi, June 19: Indias Leading Telecom Op ..
New Delhi, June 18: Bharti Airtel launched th ..
New Delhi, June 18: Whatsap services were sta ..
Hyderabad, June 17: Pineapple is the second m ..
New Delhi, June 17: Asus has released its lat ..
Hyderabad, June 16: Nowadays cancer plays a v ..
New Delhi, June 16: The war is still on, near ..
Hyderabad, June 16: Domestic handset-maker Mi ..
Hyderabad, June 10: Analysts say gold prices ..
New Delhi, June 10: The state-owned Bharat Sa ..