The raids are being conducted at multiple locations in South Kashmir's Pulwama district in connection with terror links and terror funding cases, sources said.
According to officials, a team of police raided the house of the accused, who was identified as Anant Jain alias Shontu, but he managed to escape. The raiding team however seized more than Rs 17 crore in cash, gold, and silver from his house.
The raids are still underway against newly floated offshoots of proscribed Pakistan-backed banned terrorist outfits operating in Jammu and Kashmir, sources said.
The raid, conducted by the Special Staff of Outer North District, resulted in the recovery of approximately 3.8 tonnes of fake pesticides, with an estimated value of Rs 3.50 crores, from an illegal unit situated in Pooth Khurd village, Delhi, said a police official.
The raids were conducted in Melkote Park, Vittalwadi in Narayanguda, and Near Noori Panshop, Lallaguda areas, and the arrested accused have been identified as Shaik Asif alias Ramzan, Arif Khan, Mohd.Abdul Rahman, Mujahid Ali Khan, Toufeeq Diwan, A Susheel Kumar and Hiwarle Sai Karthik.
The officials unearthed assets worth crores, including three triple-storey buildings, two double-storey buildings, a farmhouse, one market complex, and seven plots in Bhubaneswar and Nimapara. Besides, bank and insurance deposits of Rs 1.50 crore were also detected during the raid.
The raid is underway in connection with an FIR lodged against her for alleged corruption during her posting as the District Collector of Dharmapuri from February 2018 to October 2020.