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88 Kg Gold, Forex Among Rs 500 Crore Worth Assets Recovered In I-T Raids On Self-Styled Godman Kalki Bhagavan

Income Tax Department has found undisclosed income worth Rs 500 crore and links to investments in tax havens by self-styled godman Kalki Bhagwan, his family, and trusts run by them during a massive search operation covering 40 premises across various states.

Searches were conducted in Chennai, Hyderabad, Bangalore, and Varadaiahpalem in entities linked to the self-styled Godman.

So far they have recovered Rs.43.90 crore of unaccounted cash in Indian currency, 2.5 million dollars, 88 kg of jewelry worth Rs 26 crore; and 1271 carats of diamonds valued at Rs 5 crore from him. They also stumbled upon unaccounted cash receipts, some of which date back to 2014-15, said to be worth about Rs 409 crore.

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