Bengaluru, July 30: The case of a multi-crore property found in a locker at Bowring Institute in the city is taking twists every day. It is reported that following this case, IT sleuths conducted raids on the house of a BJP leader on Monday.

The IT teams raided the house of BJP leader Prasad Reddy at Koramangala and it is said that the IT sleuths have raided his house as he has  involved in the Shanti Nagar Housing Corporation scam. Earlier, there was information that the documents of properties belonged to BJP leaders. Now, the sources confirmed that those documents were belonging to Prasad Reddy. So, the IT sleuths raided his house. Now, the IT officials have been verifying the documents of properties and other assets, sources said.

It is said that Prasad Reddy has business links with Avinash Agarwal. Anushka Estate owned by Avinash has bought several sites from Prasad Reddy. In view of this, the IT sleuths conducted the raids, it is said.

Show-cause notice

Now Bowring Institute members have served a show-cause notice to Avinash Agarwal. A member said that in order to save the face of the club in the public, they have served the notice to Agarwal.



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Chennai (PTI): Punjab Kings skipper Shreyas Iyer was fined Rs 24 lakh for maintaining a slow over-rate during his team’s IPL 2026 match against Chennai Super Kings at the MA Chidambaram Stadium here.

The last season's runners-up PBKS secured their second sucessive win, defeating five-time champions Chennai Super Kings by five wickets here on Friday.

As this was Punjab Kings’ second offence of the season under Article 2.22 of the IPL Code of Conduct, which relates to minimum over-rate violations, the penalty was enhanced and Iyer was fined Rs 24 lakh, said the IPL media advisory.

"The rest of the members of the Playing XI, including the Impact Player, will be fined either INR six lakhs or 25 per cent of their respective match fees, whichever is lesser," it added.