The income tax department carried out raids on two top Kannada film stars and three movie producers on Thursday. According to reports, raids are underway at 25 places including residences and offices.
Those raided include Shiva Rajkumar and Puneet Rajkumar, sons of Kannada thespian late Rajkumar, and leading producer Rockline Venkatesh. The I-T officials raided Puneeth's residence in Sadashivanagar and Venkatesh's house in Mahalakshmi Layout on Thursday morning.
Income Tax conducts raids are conducted after information of financiers allegedly investing money in films to convert black money into white.