Mumbai, May 30 (Midday News): I-T officer held in Rs 2 cr bribery case used Rs 5 notes as 'signals'An income tax official, posted in Mumbai, arrested by the CBI with 5 others, used a unique modus operandi for collecting bribes. He would utilise serial numbers of Rs 5 notes as handover signals.

According to The Times of India, BB Rajendra Prasad, who is currently in custody, was nabbed for accepting a bribe from a corporate house in connection with giving it an order in the firm's favour regarding the trust, which the company is affiliated with.

The accused, BB Rajendra Prasad, income tax commissioner (appeals; Mumbai), was arrested on May 2. He was bribed through a hawala operator in Visakhapatnam, where he owns a house and had gone to attend the wedding of a close relative. He is a 1991-batch Indian Revenue Service officer.

CBI sources reveal that the bribe amount was entrusted to Manish Jain of Maa Ambe Jewellers, Zaveri Bazaar, by an official from the corporate house with the aid of a chartered accountant named Shreyas Parik, as per Prasad's instructions.