Income Tax department officials, on Monday, stated that they have seized Rs. 35.66 crore in cash from the residence of the in-laws of Sushmita, who is the daughter of actor-turned-politician K Chiranjeevi, in Chennai.
In a media statement, IT department officials said that cartons stuffed with Rs. 35.66 crore in cash were found during raids conducted on Friday and Saturday.
Apart from Rs. 35.66 crore, the IT department also recovered documents worth Rs. 4 crore, from a bedroom.
The Income Tax department confirmed that "cash was found neatly packed in 35 carton boxes, with each box containing Rs. 1 crore in denominations of Rs. 500 and Rs. 1000".
Stating that they would continue raids, the officials said that the family members had failed to show proper accounts for the seized money. The department also said that the money would be handed over to the Reserve Bank Of India. (INN)