The Income Tax Department carried out raids on Surana Jewellers and other establishments of its proprietor in the Indian city of Nashik, Maharashtra and seized $3.1 million (Rs 26 crore) in cash, besides undisclosed wealth, the news agency ANI reported on Sunday (May 26). The raid was carried out following reports of alleged undisclosed transactions by Surana Jewellers’ proprietor. 

Moreover, documents of unaccounted wealth worth $10.8 million (Rs 90 crore) were also seized. The video of a raid was shared by ANI on X which showed department officials seizing multiple bundles of cash from the Surana Jewellers store.