UP based businessman Piyush Jain arrested for tax evasion - The police also gathered unaccounted sandalwood oil, perfumes worth crores from Piyush Jain s factory in Ahmedabad.
Businessman Piyush Jain has been arrested days after unaccounted cash to the tune of Rs 150 crore was recovered from his home in Kanpur during a raid by multiple agencies.
According to reports, Jain s house has been sealed while a thorough search is underway amid a heavy presence of tax officials. Sources say that more cash is likely to be unearthed in the said raids.