Srinagar, Jun 24 (IANS): A narco-terror funding module of proscribed terror outfit LeT was busted in Jammu and Kashmir's Budgam with the arresting four terrorist associates on Friday, police said.

Police said Budgam police, along with army's 53 RR and the CRPF, arrested four terrorist associates, identified as Younis Manzoor and Mehboob Ahmed, both residents of Wathoora Chadoora, Irshad Ahmad Ganie, resident of Arigam Khansahib, and Muzaffar Ahmad, resident of Parnewa Khansahib.

"Preliminary investigation revealed that the arrested terrorist associates were involved in providing logistic support to proscribed terror outfit LeT by distributing proceeds of narcotics to active terrorists and terror operatives of the outfit," a police official said.

Police said investigations also revealed that module has been working on the directions of terror operatives for collection of narcotics and subsequently distributing the proceeds of narcotics among the terrorists.

"Moreover, five vehicles viz, Wagon-R JK16A-5491, Alto-800 JK13G-2360, Alto-800 JK04G-0524, Tata Mobile JK12A-3618 and Yamaha Motorbike JK01AH-8994 have also been seized which have been purchased from the proceeds of narcotics sales with the intention of keeping the money/proceeds safe and were set to be sold on the directions of active terrorists or terror operatives (handlers) as and when the money/payment was required by the terrorists," police said.

Besides, incriminating material of proscribed terror outfit LeT, explosive substance including three grenades, two AK magazines and 65 rounds of AK-47 were recovered from their possession.