Police recovered at least 5 lakh rupees in hard cash from their possession, while 14 lakhs were confiscated from the bank accounts.
So far, the accused had supplied more than 9 lakhs in militant activities in northern parts of Kashmir.
According to SSP Bandipore Rahul Malik, three arrested persons have been active in the area for some years and have been funding militants in North Kashmir districts of Baramulla, Kupwara, and Bandipore and had an active base in Sopore area.
Police say that the funding module was being run from across the border by Brother of one of the arrested men, who had crossed over for arms training and is based there.
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The modus operandi was that the proceeds from the sale of the property and fruits from the share of the militant brother were passed on to active militants as funds, while the brother would get the equal or more amount in Pakistan.
The funds were distributed among militants in North Kashmir, by the trio and they had been on the security forces radar. But it was no possible to track them without ample proof as the transactions were all through genuine means up to the payment to militants.
A trap was laid, and police managed to arrest the trio while one of the kingpins from Bandipore was passing the money to the OGWs. The three persons who have been arrested belong to Kupwara, Bandipore, and Sopore, however, police are not ruling out involvement in other districts as well.
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