Kanpur: 'Khazana' of over Rs 200 Cr seized from Piyush Jain's residence, know update

Kanpur perfumer Piyush Jain was arrested on Sunday night for evasion of Goods and Services Tax (GST).

Jain recently made headlines after pictures of a raid at his premises showing officials counting heaps of currency notes with note counting machines went viral recently. A sum of Rs 257 crores in cash were seized from his home in Kanpur and Kannauj.

Directorate General of GST Intelligence (DGGI) Ahmedabad recovered Rs 10 crore more cash from the factory and residence of perfume businessman Piyush Jain, who is the promotor of Odochem Industries of Kannauj district in Uttar Pradesh, official sources said.