The Railway Protection Force (RFP) busted a hawala racket and recovered Rs 1 crore cash and jewellery worth more than Rs 9 lakh at Kalyan station in Maharashtra's Thane district, an official from the Central Railway said on Friday.

The RPF's crime intelligence unit on Thursday seized Rs 1.1 crore cash and over 178 gm of gold worth Rs 9.14 lakh from five persons, said Shivaji Sutar, chief public relations officer of Central Railway said.