KATHMANDU: A man has been arrested in possession of Rs 3.8 million in cash of undisclosed origin from Kathmandu Metropolitan City-22, Sundhara.
The District Police Range, Kathmandu, apprehended Madhav Shrestha, 48, from Bharatpur Metropolis-15, along with the cash.
In addition to the money, the police seized a scooter (Bagmati State 2048 Pa 8130) and a mobile phone from Shrestha.
In a separate incident, police have arrested Maniram Poudel, 52, of Kathmandu Metropolis-7, who had been absconding after a case of banking fraud was filed against him.
The District Court Kathmandu had granted permission to arrest him on June 16 in connection with the banking fraud case.
A team from the Kathmandu Valley Crime Investigation Office, Minbhawan, arrested Poudel from Kumarigal, Kathmandu.
Further investigation into both cases is underway, according to the police.
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