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On December 10 that year, the Income Tax department had also seized the amount along with 32kg of gold biscuits and jewellery and ₹90 lakh worth of old notes in Challakere. He was assisted by bank officials in the criminal conspiracy. The arrest was made after the ED conducted a two-day raid across 32 locations in the country. The search operation uncovered ₹12 crore in cash, including ₹1 crore in foreign currency, from the location. They also seized gold valued at ₹6 crore, 10 kg of silver articles, and four high-end vehicles.

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