A Baraat of over 200 Income Tax officials raided premises linked to two steel businessmen and two private financiers across 30 locations in Jalna, Aurangabad, Nashik and Mumbai, and seized cash and gold and confiscated benami properties worth Rs 390 crore, sources said.

I-T officials from Pune, Nasik, Navi Mumbai and Thane districts started the raid on August 1 and concluded it on August 8. They entered Jalna disguised as baraatis in over 60 vehicles, and used codes like ‘Dulhan Hum Le Jayenge’ and ‘Rahul weds Anjali’. They recovered Rs 56 core in cash, 23 kg gold worth Rs 14 crore and confiscated benami properties worth over Rs 300 crore.