220-kg gold seized during raids on premises of Vamsiram Builders in Hyd

Income Tax officials seized cash and around 220 kg of gold on Thursday during raids on residences of Vamsiram Builders' Managing Director B Subba Reddy and his relatives in Hyderabad. Several land documents were reportedly recovered from the house of Reddy's son-in-law. Account books, allegedly containing details of hidden cash and transactions related to construction projects, were also seized.