Hyderabad: The West Zone task force team on credible information arrested seven persons for allegedly carrying out illegal money transfer on Monday near Jubilee Hills Check Post and seized net cash of Rs 5 crore, two cars and a two-wheeler from the possession of the accused. The accused persons were identified as Vipul Kumar Patel (39), Shailesh Bhai (49), Vipul Kumar Patel (29), Arjun Labhuji (28), Rajesh (31), Upendra Kumar Patel (55) and Patel Chetan Kumar (39). Also Read – JIH organises Eid Milap for sanitary workers Advertise With Us City Police Commissioner Anjani Kumar said the accused persons were running the business of illegal money transfer without any accounts, to needy customers with the interest of 0.6 per cent by accepting orders over cell phones through their company named P Umesh Chandra & Company at Ahmedabad, Surat and Mumbai headed by Harshad Bhai Patel and one Umesh. On Monday, their company agents informed the accused persons to deliver net cash Rs 5 crore to their Mumbai office in two cars. On credible information, the Task Force team arrested them near Jubilee Hills Check Post along with net cash and investigation is in progress.