The Enforcement Directorate (ED) has carried out searches at multiple locations linked to Megh Shah and Mahendra Shah in Ahmedabad and Mumbai on August 7 and 8 in connection with a case involving the seizure of 88 kg of gold, most of it with foreign markings.
During the latest searches, the ED said it seized around Rs 15 lakh in cash, four luxury cars, a BMW X6M, Bentley Continental GT, BMW 730 LD and BMW 328i, along with imported watches from brands such as Rolex and Cartier worth about Rs 1.51 crore.
