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December 28, 2021 14:07 IST

In what is being described as the 'biggest ever seizure of cash' by an enforcement agency, unaccounted cash -- one report said more than Rs 177 crore (Rs 1.77 billion), another said Rs 257 crores (Rs 2.57 billion), a third said Rs 194.45 crores (Rs 1.94 billion) -- was unearthed from perfume trader Piyush Jain's home in Kanpur.

The December 26, 2021 raid included searches at Jain's residential/factory premises resulting in his arrest.

The Enforcement Directorate sleuths claimed 250 kg silver and 25 kg gold -- 23 kg gold was another estimate -- was recovered along with 600 kg sandalwood.


Please click on the images for a better look at what is going on.

IMAGE: Cash recovered from businessman Piyush Jain's residence during the raid.
All Photographs: ANI Photo


IMAGE: Piyush Jain, who has been accused of tax evasion, being produced at a court in Kanpur. Photograph: ANI Photo


IMAGE: A Kanpur session court sent Jain to 14 days of judicial custody.


IMAGE: Enforcement Directorate staff carry boxes of money recovered during the raid.


Photographs curated by Manisha Kotian/
Feature Presentation: Aslam Hunani/


Rediff News Bureau