Tilakwadi police arrested a youth from New Delhi and seized Rs 21 lakh cash and 100-gram gold from him on Wednesday.
Sources said Jatin Sikandar Chabra was here to return money to the people in a bid to prevent them from filing complaints with the police.
A woman from a well-known family was also with Chabra at the time of the arrest. Originally, Chabra is from Delhi but has his business in Surat. He was unable to tell the police how and why he had bought so much cash along with him.
Police are interrogating the case and have access to his bank accounts to get a lead.