Unaccounted cash worth Rs 20 lakh was seized from a businessman in Pune by the city police and election magistrate during the wee hours of Friday. The businessman identified as Rakesh Raanchandra Oswal is a resident of DSK Chandradeep, Mukundnagar in Pune. Oswal was heading home in his Verna car bearing number MH-12-J Z-9451 when the cops nabbed him.

A case has been registered against the businessman on Friday with the Swargate police station which falls under the jurisdiction of Pune. The incident came to light after Sachin Prakash Pawar, the election magistrate and the health Inspector attached to Municipal Corporation reported the incident at Swargate police station.

Senior Inspector Ashok Kadam of Swargate police station said, “Various check-posts were put up in the city for elections and vehicles are been checked on a daily basis. The election magistrate Pawar and our sub-inspector Shashikant Degade inspected the car and our team recovered cash worth Rs 20 lakh at Ranka hospital around 3 am on Friday.”