Income Tax department conducted raid on Lalchand Jewellers situated at Master Canteen in the capital city on Friday.
Raid was also conducted on Khimji Jewelers situated at Janpath in the capital city. It is suspected that as Rs 500 and Rs 1000 notes ceased to be counted as legal tender, the jewelry shops have been the target of black money hoarders.
Links to black money holders is likely to be found from the jewellery shops, said intellectuals. Not only Cuttack & BBSR, but Rourkela Khimji Jewellery shop also raided by the IT Dept. yesterday night.
Watch The Video Below During The Raid At Rourkela Khimji Jewellers