IT raid at Tamil Nadu Chief Secretary`s residence

"The raids have commenced at Tamil Nadu Chief Secretary`s residence," a senior IT official told IANS.

The IT department recently seized a total of 177 kg of gold and cash amounting to Rs.96 crore in withdrawn 500 and 1,000 rupee notes and Rs.34 crore in the new denomination from three businessmen -- J. Shekhar Reddy, Srinivasalu and Prem.

The big fish is said to be Reddy, a contractor and who has executed works for the Tamil Nadu government.

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