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Photos: Rs 284 crore seized from Kanpur perfume trader’s residences

Last updated on - Dec 27, 2021, 13:42 IST
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1/10

Kanpur perfume trader arrested

The searches unearthed Rs 177 crore from Jain's Anandnagar house in Kanpur and Rs 107 crore unaccounted cash from his Kannauj house (TOI photo)

2/10

unaccounted cash seizure

Bundles of Rs 2,000 notes were recovered from cardboard boxes (Photo: IANS)

3/10

Kanpur perfume trader piyush jain

An officer privy to the probe said that Jain was arrested for evasion of tax and making multiple invoices in the name of fake firms (TOI photo)

4/10

unaccounted cash seizure

Agencies have also recovered 250 kg of silver and 25 kg of gold from Kannauj residence of Jain (TOI photo)

5/10

Kanpur perfume trader

Central agencies conducting searches in Piyush Jain's house (TOI photo)

6/10

Kanpur perfume trader Piyush jain

Piyush (in pic) went on to say, "if you want, you can deduct the income tax and return the rest", said an official. (TOI photo)

7/10

Kanpur perfume trader

The team has so far cut about 15 cupboards, while 20 locks have been broken. The vault was broken with a gas cutter (TOI photo)

8/10

Rs 284-crore unaccounted cash

During interrogation, Jain claimed that the cash recovered from his houses was his money accumulated after selling 400 kg of gold left by his ancestors (TOI photo)

9/10

Kanpur perfume trader

A team of 50 tax officials, comprising units from UP and Gujarat (Ahmedabad) were involved in search operations (TOI photo)

10/10

Kanpur perfume trader held

Security personnel deployed outside Jain's house (TOI photo)

Top Comment
P
Pappu Pass
1610 days ago
Could have opted for Fair and Lovely scheme...or PM's loot fund...could have saved...or might not paid for Electrol bonds.����
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