KATHMANDU: As many as eight people, including one Indian national, have been arrested on charge of their involvement in illegal hundi business from Kathmandu, Nepal Police's Teku-based Metropolitan Crime Division said on Monday.

Police seized a total for NRs 17.2375 million and IRs 100,000 and other documents from their possession and sent the suspects to the Pulchok-based Department of Revenue Investigation for further investigation and action.

Acting on a tip-off, the MCD said, security personnel deployed from the MCD raided several locations today and made the arrests as a part crackdown on the illegal money transfer business.

Suspects are identified as Pawan Kumar Agrawal Sarawagi (49), a permanent resident of Indian state of Rajasthan; Mohan Man Shrestha (45) of Siraha; Kumar Rai (19) of Nuwakot; Nirdosh Prasain (23) of Jhapa; Rajan Paudel (26) of Sindhupalchok; Tal Bahadur Tamang (42) of Ramechhap; Amit Kharel (31) of Jhapa; and Rohit Dulal (40) of Jhapa.

The MCD said Sarawagi is the operator of New Road-based Anu Trading. Police seized Rs 6.35 million from his possession.

Shrestha, on the other hand, runs Bindeshwari Bag and Readymade Udyog at Pyukha of Kathmandu. Police seized Rs 1 million, IRs 100,000 from him along with 49 cheques of several banks.

Rai is said to be Shrestha's employee. Police found 1.8 million in his possession.

Prasain is the operator of Pathibhara Traders at Pyukha, KMC-24. Police seized Rs 1.971500 million in cash and 10 cheques from his possession.

Four others had apparently visited the Pathibhara Traders for transactions. Police seized Rs 3.25 million from Paudel, Rs 1.15 million from Tamang, Rs 1.2 million from Kharel and Rs 516,000 from Dulal.

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