The Hyderabad police have frozen a sum of Rs 8 crore that was transferred online from a bank account of Visaka Industries to a security service provider. The transaction was flagged due to its high value, in light of the upcoming Telangana Assembly polls. The police visited the bank's branch, enquired about the transaction, and froze the amount. Further investigation will be carried out to determine the legality of the transaction.
source https://timesofindia.indiatimes.com/india/telangana-polls-hyderabad-police-freeze-rs-8-crore-belonging-to-private-firm/articleshow/105337226.cms
source https://timesofindia.indiatimes.com/india/telangana-polls-hyderabad-police-freeze-rs-8-crore-belonging-to-private-firm/articleshow/105337226.cms
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