The Income Tax and Enforcement Directorate raid at a Shiv Sena leader's and businessman's residence in Nallasopara led to seizure of more than Rs one crore cash in both old and new notes.
Dhananjay Gawade, the Shiv Sena corporator in Vasai Virar Municipal corporation, was taken into custody along with a businessman from Vasai. The duo have been taken to Nallasopara police station for further investigations.
"The tip-off to Income Tax and Enforcement Directorate led to the seizure of cash as both have been grilled for the source of income", said a local crime branch officer.
Prashant Langi, another local crime branch officer, confirmed the incident but refused to comment further on the matter.
