IT dept officials found 1 crore cash in the water tank during a raid

On social media, a video is going viral in which IT department officials found 1 crore cash during a raid and then use an iron and a hairdryer to dry the currency notes.

The Income Tax Department searched the Damoh house and properties of liquor baron Shankar Rai and his family on Friday, seizing Rs 8 crore in cash and 3 kilogrammes of gold.

The notes were discovered in an odd location: a bag hides in an underground water tank.

Read more: ANF seizes 96 kg drugs during raid at Karachi port

Here’s the link to the video:

Cash was stashed in an underground tank, hair dryers and clothes iron were used by IT dept sleuths to dry up the cash @ndtv @ndtvindia pic.twitter.com/gKq1lXS3km

— Anurag Dwary (@Anurag_Dwary) January 8, 2022

As Joint Commissioner stated after the operation was complete, “The physical raid is over and that investigation will continue on the basis of the documents seized from the Rai family which would be done in Bhopal.”

He added, “The department will now investigate the seized documents and unnamed properties. So, we will have to wait for the final figure.”

Munmum Sharma stated, “Besides the liquor business, the Rai family also has a money lending business along with transport, hotel, bar and petrol pump.”

Tax inspectors raided more than ten locations associated with Shankar Rai’s family. Shankar Rai, a businessman and former Municipality President, is a member of the Congress Party, whereas his brother Kamal Rai, a BJP member and former Municipality Vice President, is a member of the BJP.