The trio will be under judicial remand till March 3, 2025. They were arrested by Madhya Pradesh Lokayukta Police on January 28 and 29 in connection with the properties worth several crores recovered during raids at their premises. The Enforcement Directorate (ED) is carrying out a parallel investigation under the Prevention of Money Laundering Act (PMLA) The ED conducted its first raids on December 27 last year and searched at least eight premises across the state covering Bhopal, Gwalior, and Jabalpur. The searches covered the residential premises of Saurabh Sharma, Chetan Singh Gaur, Sharad Jaiswal, and others. The Income Tax department has recovered more than 52 kg gold and cash amount of Rs 11 crore from an abandoned car belonging to Chetan Gaur. The ED had recovered documents pertaining to immovable assets, and properties worth over Rs 23 crore in the name of various companies and family members of SaurABh Sharma. The tax department is yet to move an application in the court to get permission for interrogation.
