<p>The police have registered a case against Bangarpet Congress candidate S N Narayanaswamy and Ramesh Yadav, an industrialist, in connection with seizure of Rs 4.04 crore from a resort villa near Hanchala in the taluk.</p>.<p><b data-stringify-type="bold"><a data-sk="tooltip_parent" data-stringify-link="https://www.deccanherald.com/karnataka-assembly-elections-2023" delay="150" href="https://www.deccanherald.com/karnataka-assembly-elections-2023" rel="noopener noreferrer" target="_blank">Check latest updates on Karnataka elections</a></b></p>.<p>The cash was seized during a raid on Thursday evening. The police said that while Rs 2.54 crore was seized from the villa, another Rs 1.5 crore was found in a car parked in front of the villa. The cash bundles bore the names of panchayats in Bangarpet constituencies. The covers found in the car had the name of Narayanaswamy, MLA.</p>.<p><strong>Also Read | <a href="https://www.deccanherald.com/election/karnataka/karnataka-mcc-rs-4743-crore-cash-valuables-seized-in-six-days-316-firs-filed-1206386.html" target="_blank">Karnataka MCC: Rs 47.43 crore cash, valuables seized in six days, 316 FIRs filed</a></strong><br /> </p>.<p>Dharanidevi Malagatti, the officer who conducted the raid informed that the seized cash had been handed over to the Income Tax Department which was tracing the source of money. </p>
<p>The police have registered a case against Bangarpet Congress candidate S N Narayanaswamy and Ramesh Yadav, an industrialist, in connection with seizure of Rs 4.04 crore from a resort villa near Hanchala in the taluk.</p>.<p><b data-stringify-type="bold"><a data-sk="tooltip_parent" data-stringify-link="https://www.deccanherald.com/karnataka-assembly-elections-2023" delay="150" href="https://www.deccanherald.com/karnataka-assembly-elections-2023" rel="noopener noreferrer" target="_blank">Check latest updates on Karnataka elections</a></b></p>.<p>The cash was seized during a raid on Thursday evening. The police said that while Rs 2.54 crore was seized from the villa, another Rs 1.5 crore was found in a car parked in front of the villa. The cash bundles bore the names of panchayats in Bangarpet constituencies. The covers found in the car had the name of Narayanaswamy, MLA.</p>.<p><strong>Also Read | <a href="https://www.deccanherald.com/election/karnataka/karnataka-mcc-rs-4743-crore-cash-valuables-seized-in-six-days-316-firs-filed-1206386.html" target="_blank">Karnataka MCC: Rs 47.43 crore cash, valuables seized in six days, 316 FIRs filed</a></strong><br /> </p>.<p>Dharanidevi Malagatti, the officer who conducted the raid informed that the seized cash had been handed over to the Income Tax Department which was tracing the source of money. </p>