New Delhi, July 3 : Several days have passed since an armed robbery took place in the Pragati Maidan tunnel, leaving the police struggling to determine the exact amount stolen by four assailants on June 24. At present, the police have managed to recover approximately Rs 6 lakh from the eight accused involved in the incident.

The victim’s complaint stated that the stolen amount ranged from  Rs 1.5 lakh to 2 lakh, raising suspicions that it might be associated with “hawala or black money”, considering that the recovered sum exceeded the reported range.

As time goes on, even the police remain uncertain about the precise amount involved in the robbery. The incident unfolded on June 24 when a delivery agent, employed by a private firm in Chandni Chowk, set out on a journey with an associate to transport a bag of cash to Gurugram.

Chandni Chowk, Kucha Ghasiram, Karol Bagh, and Chawri Bazar are areas known for their substantial cash transactions through the Angadiya System. On a daily basis, numerous cash agents come and go in these areas, handling significant sums of money.

An anonymous Angadiya (money dealer) in the Chandni Chowk area affirmed, “We hand over money to the cash agent after verifying the details, and we deal with amounts in lakhs.”

According to local sources, the Angadiya System is an ancient banking system prevalent in the country, particularly in the jewellery business, and prominently observed in Delhi, Gujarat, and Mumbai. Angadiyas charge a fee for their services as they undertake the transportation of money on behalf of businessmen.