IT Raids: Rs 2 Cr Found In Producer's House?

Tollywood came under the pump after the income tax department decided to carry out several research operations with the properties belonging to several leading producers. The likes of Dil Raju, Mythri Movie Makers, Abhishek Agarwal and others came under the pump after the IT research operations.

In this context, there is an interesting and Unverified social media report that is going viral all over. This is regarding the IT research operations that were held at the properties belonging to leading Telugu producers.

According to this unverified report, which is trending on social media, the IT department officials reportedly found ₹2 crore undisclosed cash in one of the houses of the leading producers.

Though this is just a media speculation that is trending on social media for now, it has caught the attention all over considering the recent such operations. People are already starting to speak late, who is the producer in question here, and what is the nature of the undisclosed cash.

On the other hand, there are also reports that all the leading producers who were subject to these changes facilitated the department officials by presenting them with all the evidence and fiscal information they needed.

While we can’t confirm whether or not, this amount of cash was actually found at any of the properties, this will remain to be an interesting speculation for the time being. We can draw any conclusion only after the department or the concerned producer issues and official statement in this regard, which is highly unlikely.