Mohali: A major ED Raid in Mohali Kharar Western Towers Cash Recovery Operation turned dramatic when a businessman’s residence was searched in Kharar’s Western Towers Society in Mohali. The Enforcement Directorate (ED) conducted the raid in connection with a suspected financial fraud linked to a real estate project.
As ED officials reached the residential tower, a shocking incident unfolded. In panic, cash-filled bags were thrown from the ninth floor of the building.
Cash Bags Thrown From 9th Floor
During the ED Raid Mohali Kharar Western Towers Cash Recovery, officials witnessed unusual activity inside the building.
Two bags filled with currency notes of ₹500 denomination were thrown from the ninth floor. The businessman’s driver was reportedly waiting downstairs.
One of the bags hit the ground and burst open. As a result, several currency notes scattered across the area.
The second bag was quickly picked up by the driver. He placed it in a vehicle and fled from the spot.
ED officials attempted to chase the vehicle but were unable to stop it.
ED Raid in Mohali Kharar: ₹21 Lakh Recovered by ED
Despite the chaos, the ED team managed to recover one of the bags.
During the ED Raid Mohali Kharar Western Towers Cash Recovery, officials seized approximately ₹21 lakh in cash.
The recovered bag was double-layered, with a red bag placed inside a white cover bag.
Officials immediately secured the cash and added it to the ongoing investigation record.
Multi-Location Raids Across Punjab
The operation did not remain limited to one location.
The ED Raid Mohali Kharar Western Towers Cash Recovery forms part of a larger investigation that links it to the Suntech City project fraud case.
ED officials reportedly conducted raids at nearly 12 locations across Mohali and Chandigarh.
The investigation involves allegations of financial irregularities and misuse of government approvals.
Builders Under Investigation
The case involves several real estate developers.
Builders under scrutiny include:
- ABS Township
- Altus Builders
- Dhir Construction
Authorities allege that these developers misled the public and misused CLU (Change of Land Use) licenses issued by GMADA.
The ED Raid Mohali Kharar Western Towers Cash Recovery is part of the broader crackdown on suspected real estate fraud.
ED Raid in Mohali Kharar: Security Tightened at Western Towers
After the incident, authorities tightened security at the society immediately.
Police restricted public entry into the Western Towers building.Central agency personnel deployed themselves at multiple points, including staircases and upper floors.
Authorities placed the ED Raid Mohali Kharar Western Towers Cash Recovery area under strict surveillance.
Officials ensured that no unauthorized person could enter the premises during the ongoing search.
Flat Identified During Raid
Preliminary investigation revealed that the raid focused on Flat No. 906.
Officials identified the resident as Nitin Kumar Gohil, who reportedly works in the IT sector.
Residents of the society stated that he had moved in only a few months ago.
Due to his recent stay, neighbors had limited information about him.
Police Response and Legal Process
Local police stated that they had not received a formal complaint at the time of reporting.
However, police confirmed that they will register a case if someone files a written complaint.
Police and ED teams are continuing the ED Raid Mohali Kharar Western Towers Cash Recovery investigation alongside other law enforcement agencies.
Officials are now tracing the second cash bag that the driver took away.
Ongoing Investigation Expected to Expand
Authorities believe that the case may expand further.
More properties and financial records are likely to come under scrutiny.
The ED Raid Mohali Kharar Western Towers Cash Recovery operation is part of a wider effort to track suspected illegal financial transactions linked to real estate projects.
Officials said they may conduct further raids.
Key Points of ED Raid in Mohali Kharar:
- ED conducts raid at Western Towers, Kharar (Mohali)
- Cash bags thrown from 9th floor during search operation
- ₹21 lakh recovered by ED from burst bag
- Driver escapes with second cash bag
- Raids linked to Suntech City real estate fraud case
