Have you ever seen an almirah full of cash in real life? Even at a bank, you can't see that unless you're a high-ranking employee. However, we are aware that we cannot store such large sums of money in our homes or businesses since it would be against the law of the nation unless we had an official licence. However, officials and internet users in hyderabad are mystified by the event.

A Hyderabad-based pharmaceutical business was found to have unreported income worth Rs 550 crores, according to the I-T department. Several bank lockers were discovered during the investigation, with 16 of them being used. The premises were searched and cash worth Rs 142,87 crores was discovered. Raids also turned up many books of accounts and more cash stashed in safe houses. There were also hints of on-the-money payments for land purchases.

The amount of undeclared income discovered so far is believed to be about Rs 550 crore. More examinations and quantification of the undeclared money discovered are underway.

However, a photo that was reportedly shot during the raid caused a lot of attention on social media. The photo went viral because it depicted an almirah brimming with currency bundles.



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