IT Raid: Eight machines, 24 hours nonstop, tired of counting cash; Order container now!

Kanpur: In Uttar Pradesh, on the one hand, while the election is in full swing, a perfume trader from Kanpur has been found guilty of embezzling Rs 150 crore. Seeing the cupboards in the merchant’s house full of cash, the raiding officers also went on a rampage. Considering that this cash counting was beyond our reach, eight cash counting machines were ordered. Even after 24 hours, the cash count is not over. Containers have also been called in to carry cash. Photos of the line have also gone viral on social media and everyone is shocked to see the pile of money in the room. Meanwhile, the businessman is said to be close to Samajwadi Party president and former Uttar Pradesh chief minister Akhilesh Yadav. (Kanpur Raid Latest Breaking News)

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The house of famous perfume trader Piyush Jain in Kanauj in Kanpur was raided on Thursday. The action was taken jointly by the Directorate General of GST Intelligence (DGGI) and the Income Tax Department. It was found that the cupboards in the house were full of cash and machines were called to measure the cash. At the same time, bank employees were called for help. The action, which started on Thursday, continued on Friday. The amount estimated so far is estimated to be over Rs 150 crore. Photographs of the operation have been found, with piles of money bundles everywhere. It is said that there is a large amount of cash in the basement and this action will continue immediately.

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The large amount of cash found is a challenge to carry out confiscation and safe transportation. That is why the authorities have ordered a container to carry the cash. Filling of cash in the container is being done by the police. Jain’s son Pratyush Jain, who was present at the house, was questioned by the team.

Close to Akhilesh?

Piyush Jain is a well known perfume dealer in Kanpur. He is said to be close to SP president Akhilesh Yadav. He has also launched a socialist perfume. The investigation has uncovered very important details. According to him, Jain has offices in Kanauj, Kanpur as well as Mumbai and it has been revealed that he is running his business through at least 40 companies. Jain had committed a large amount of tax evasion and the action was taken on the basis of concrete information, officials said. It was also informed that raids have been carried out on many of Jain’s offices, stores and cold storage.

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