The ongoing research was conducted under the provisions of the Prevention of Money Laundering Act, 2002 (PMLA).
The federal agency said in a statement that the searches were conducted at 6 locations of Aamir Khan, a gaming app and promoter of E-Nuggets.
“Huge cash of over Rs 7 crore has been recovered from the spot so far,” the agency said in a tweet.
The raid was related to an investigation into the Mobile Game app, he added.
“ED conducted search operations under the provisions of PMLA, 2002 (on 10.09.2022) at 06 premises in Kolkata in connection with investigation related to mobile gaming app. Huge cash (over Rs 7 lakh) found at the premises.”
— ED (@dir_ed) September 10, 2022
UNI news agency reports that the accused runs several businesses, including a mobile gaming app and a transportation vehicle.
500 and 2000 rupee notes were found packed in plastic packets from under the bed on the first floor of the businessman’s house.
In videos posted on social media, bank employees were seen entering the house with eight counting machines to count the total amount of cash, the report added.