Srinagar, October 1: Srinagar Police have busted an alleged organised narcotics network operating in downtown Srinagar, arresting eight persons and recovering banned drugs, a pistol, cash and gold, officials said on Wednesday. The police action has also extended to the financial assets allegedly linked to the network.
According to police, Rs 1.07 crore in bank accounts has been frozen, while properties connected with the alleged narcotics network have also been attached as part of the investigation. The operation is being described by officials as a major action against the financial infrastructure supporting drug trafficking in the city.
During the operation, police reportedly recovered Rs 85.76 lakh in cash and gold valued at more than Rs 1.05 crore, besides narcotic substances and a pistol. The arrests and recoveries were disclosed by the Srinagar Senior Superintendent of Police, who said the investigation is being expanded to trace the wider network and its financial links.
Police said the investigation has also been extended beyond Jammu and Kashmir, with links being examined in Punjab and Chandigarh. Officials are looking into the movement of narcotics, the flow of money and the possible involvement of additional persons connected with the alleged network.
The latest operation comes amid a broader crackdown by J&K Police against narcotics trafficking and its financial infrastructure. In a separate recent action, Srinagar Police attached or froze four immovable properties valued at approximately Rs 7.11 crore under the NDPS Act and the Unlawful Activities (Prevention) Act.
Police said the investigation into the newly busted network remains underway, with further arrests and recoveries possible as investigators trace the alleged supply chain and financial connections.
