Daijiworld Media Network – Bengaluru (EP)
Bengaluru, May 2: The Income Tax (I-T) department has conducted a raid at the residence of K Subrahmanya Rai in Mysuru, Bengaluru, seizing Rs 1 crore cash that was hung from a small tree at the veranda of the house. The photos of the confiscation have gone viral on social media, sparking widespread speculation about the source of the cash and its intended use. According to sources, Subrahmanya Rai is the brother of Ashok Kumar Rai, the Congress candidate contesting the upcoming assembly elections in the Puttur constituency.
The I-T officials have been conducting raids at several places in the run-up to the elections, unearthing various violations and irregularities. The raids have led to the seizure of large amounts of unaccounted cash, gold, and other valuables. The authorities are keeping a close eye on suspicious transactions and other financial irregularities in an effort to prevent any attempt to influence the outcome of the elections through illegal means.
The seizure of Rs 1 crore cash from Subrahmanya Rai's house has raised questions about the source of the money and its intended use. The authorities are investigating the matter to determine whether any laws have been violated and whether the cash is linked to any illegal activities. With the assembly elections just around the corner, the I-T department is expected to continue conducting raids and taking action against any individuals or groups that violate election laws or engage in corrupt practices.