Police were shocked to find 18 lockers in Piyush Jain’s ancestral bungalow. In addition, it has been revealed that 500 keys are in circulation.
Record: December 27, 2021 17:02
PM
Kanpur,
In Kanpur, Uttar Pradesh, authorities have counted the cash involved in a 120-hour mega raid on the home of perfume dealer Piyush Jain. Of this, Rs 257 crore was cash. Documents on 16 luxury properties were also seized. Of these, 2 properties are said to be in Dubai. In addition, kilos of gold have been found in the mine.
Piyush Jain, a perfume seller from Kanpur, has been arrested for tax evasion. He is being prosecuted under the Federal GST Act. Piyush Jain was arrested after 120 hours of interrogation. He was interrogated for 50 hours and later arrested.
The raid was carried out last week by the Income Tax Department and the Chief Directorate of GST, along with the GST Investigation Department. I was shocked to find that I had Rs 257 crore in cash then.
Police were shocked to find 18 lockers in Piyush Jain’s ancestral bungalow in Kanavji. It was also revealed that 500 keys were in circulation, raising suspicions as to why there were so many keys.
Piyush Jain’s maid told Aaj Tak TV on December 22 that Piyush Jain was in Delhi when the raid took place. The whole family was in Delhi for his father’s treatment. Piyush Jain had only 2 sons in the house. Call the investigating officers and they said they had returned to Kanpur.
Piyush Jain runs his business in Kanpur’s Itarwali, a well-known perfume shop. He has offices in Kanpur, Mumbai. It was also revealed during the raid that he was running his business through about 40 companies.
Countless sandalwood oil and other spices were seized during the raid. This is the biggest seizure in history, said Vivek Johri, the head of the Central Indirect Taxes and Customs Tax.
According to sources, Piyush Jain will replace his guards every one and a half years. At his bungalow in Anandpuri, Piyush Jain hires only two watchmen at a salary of Rs 7,500 a month and they are not allowed to enter the house.
Piyush Jain avoids luxury cars and drives old vehicles. He owned a Toyota car and a Volkswagen registered in the name of his 15-year-old son Pratyush.
Uttar Pradesh Chief Minister Yogi Adityanath has accused Piyush Jain of having links with the Samajwadi Party.