Mr Reddy the owner of SRS Mining and controls many sand quarries in the surrounding region of Vellore, was arrested last December. After getting bail in March Mr.Reddy was rearrested and was let on bail earlier this month.
Today, as part of the investigation against him, 30 kilos of those gold bars, worth nearly 9 crores, was attached or seized by officials who say it was bought "using the proceeds of the crime"
This money launderer is known to have strong connections to the ruling AIADMK and photographs show him praying at the famous Tirupati temple with former Chief Minister O Panneerselvam.
When mining baron Sekhar Reddy was raided in Tamil Nadu in December officials seized nearly 140 crores in cash, including a substantial amount of the fresh 2000-rupee notes, and about 180 kilos of gold which stunned the IT officials
