New Delhi/Bhopal: The Income-Tax Department raids against close aides of Madhya Pradesh Chief Minister Kamal Nath and others continued Monday with search teams making seizures of documents and cash, officials said.

Officials said the searches, on charges of alleged tax evasion and hawala transactions during the ongoing poll season, are continuing at various premises in Bhopal, Indore and in Delhi and national capital region as tax sleuths are gathering details and evidences.

While there is no official word on the exact amount of cash seized, sources said over Rs 10 crore suspected cash has been seized till now.

At least half-a-dozen people, linked to alleged hawala dealer Paras Mal Lodha, are being questioned by the department.

The department had launched pre-dawn raids at 52 locations on Sunday on people and associates linked to Nath.

Sources had told PTI that there is a "strong possibility" of the cash recovered during the operation being used as an election inducement to fund political campaigns and bribe voters in the poll-bound state and in Delhi.

A preliminary report of the raids was also shared by the department with the Central Board of Direct Taxes and the Election Commission in Delhi.

A cash van with large-sized trunks has been sent by the department at a location in Bhopal to seize and collect the cash found during the raids, they said.

Those searched included Nath's former Officer on Special Duty (OSD) Pravin Kakkar, former adviser Rajendra Miglani, Ashwani Sharma and executives linked to his brother-in-law's firm Moser Bayer and his nephew Ratul Puri's company.

Nath had reacted late Sunday to the development.

"The situation about the I-T raids is not clear yet. It would be appropriate to speak on this after the situation is clear. But the entire country knows how the constitutional institutions were used and against whom they were used during the past five years," he had said.

"These institutions were used to scare people. When they do not have anything to say on development and their work, they used this kind of tactics against their opponents," the CM's statement had said.

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Bengaluru: The Vartha Bharati–Sankalp election analysis has shown a high level of accuracy in predicting the outcome of the recent Karnataka Assembly by-elections held in May 2026, correctly calling winners in both constituencies and closely estimating vote share trends.

The by-elections were held in Bagalkot and Davanagere South, drawing significant political attention as both seats were seen as key tests for the ruling Congress and opposition BJP.

According to the analysis, Vartha Bharati–Sankalp had made three major projections ahead of the results the winning party, vote share percentages, and margin of victory.

In both constituencies, the platform accurately predicted that the Congress would emerge victorious. The outcome matched the projections, with Congress candidates winning in Bagalkot and Davanagere South.

In terms of vote share, the predictions were largely in line with the final results. In Bagalkot, the BJP’s vote share was forecast in the range of 40 to 46 per cent, while the actual figure stood at 42.9 per cent. The Congress vote share, however, exceeded expectations, with the party securing 55.4 per cent against a projected range of 43 to 48 per cent.

The margin of victory in Bagalkot turned out to be significantly higher than anticipated. While the projection had placed the margin between 2,000 and 3,500 votes, the final margin was around 22,332 votes.

In Davanagere South, the predictions also remained largely accurate. The Congress vote share was projected between 43 and 51 per cent, and the final figure stood at 43.9 per cent. The BJP was expected to secure between 42 and 50 per cent but ended with 40.3 per cent.

The analysis had also identified the role of SDPI as a potential spoiler in the constituency. While its vote share was estimated around 6 per cent, the party eventually secured around 12 per cent of the vote.

The margin of victory in Davanagere South was predicted to be between 1,500 and 2,600 votes. The actual margin was higher at around 5,708 votes, though the contest remained relatively close as anticipated.

Overall, the performance of Vartha Bharati–Sankalp stood out for correctly identifying the winning parties in both seats and maintaining close accuracy in vote share estimates, with only limited deviations in specific cases.