2 days ago
ED Attaches ₹90 Lakh Assets In ₹70 Crore Drug Case
The Enforcement Directorate is investigating a large alleged drug-trafficking case.
The case involves mephedrone, a narcotic drug, reportedly worth about ₹70 crore.
The agency says money from the alleged drug trade was moved through several bank accounts.
It has provisionally attached properties worth more than ₹90 lakh.
These properties are in Hyderabad and Mandsaur.
The action was taken under the Prevention of Money Laundering Act.
Three suspects have been arrested and are in judicial custody.
Officials say they are still tracing money, property and other people who may be involved.
The Enforcement Directorate attached immovable properties worth over ₹90 lakh in Hyderabad and Mandsaur.
The action concerns an alleged ₹70 crore mephedrone trafficking and money laundering case.
Assets were linked to Ved Prakash Vyas, Dinesh Agarwal, Akshay Agarwal and others, according to the ED.
Investigators said suspected drug proceeds moved through personal and business bank accounts in complex transactions.
Three suspects have been arrested and remain in judicial custody as the investigation continues.
- Who
- The Enforcement Directorate is investigating Ved Prakash Vyas, Dinesh Agarwal, Akshay Agarwal and others allegedly linked to the case.
- What
- The agency provisionally attached immovable properties worth over ₹90 lakh in an alleged ₹70 crore mephedrone-trafficking and money-laundering case.
- Where
- The attached properties are in Hyderabad and Mandsaur, while searches were conducted across Indore and Mandsaur.
- When
- The ED conducted searches on July 17, 2026; the investigation remains ongoing.
- Why
- The ED alleges that drug-trafficking proceeds were routed through bank accounts and concealed through financial transactions.
Key facts
- Agency
- Enforcement Directorate
- Attached assets
- Immovable properties worth over ₹90 lakh
- Drug case value
- Approximately ₹70 crore in seized mephedrone
- Legal basis
- Prevention of Money Laundering Act
- Named suspects
- Ved Prakash Vyas, Dinesh Agarwal, Akshay Agarwal and others
- Arrests
- Three suspects arrested and in judicial custody
- Search date
- July 17, 2026
Sources
Related news
ED attaches Rs 90 lakh properties in Hyderabad drug case
ED Searches 30 Locations Across Four States Over Drug Money
Indore Crime Branch Arrests Fugitive in ₹70-Crore MD Case
Mumbai Court Allows ED Questioning of Six Jailed Accused
ED Raids Neetu Bai Properties in Multi-State Ganja Probe
ED Attaches 17 Properties Worth Rs 6.52 Crore
ED Arrests Guwahati Bookie in IPL Betting Money-Laundering Probe
Kerala Examines ED Request for FIR Against Pinarayi Vijayan
ED Arrests Sukriti Foods Promoter in Tirupati Ghee Case
Jharkhand High Court Rejects Soren Stay Plea in Land Case