Archive · 22 Sep 2026
ED attaches Rs 90 lakh properties in Hyderabad drug case
The Enforcement Directorate is investigating a suspected drug-trafficking case.
It says three accused people were linked to the alleged trafficking of 70 kilograms of MDMA.
The drugs were estimated to be worth about Rs 70 crore.
Investigators searched locations in Hyderabad and found properties allegedly connected to the accused.
These properties, worth Rs 90 lakh, were attached during the investigation.
Officials say money from the alleged drug trade moved through several bank accounts.
They also found large cash transactions that may have been used to hide the money.
The accused allegedly carried out drug-related activities alongside their regular businesses.
The Enforcement Directorate attached Hyderabad properties valued at Rs 90 lakh in an alleged drug-trafficking case.
The case involves Ved Prakash Vyas, Dinesh Agarwal and Akshay Agarwal, who were arrested a few months ago.
Authorities allege the accused were linked to trafficking 70 kg of MDMA valued at about Rs 70 crore.
The investigation reportedly found funds routed through personal and business bank accounts, along with significant cash transactions.
Searches were conducted in Hyderabad, Indore and Mandsaur as part of the financial investigation.
- Who
- The Enforcement Directorate and its Madhya Pradesh unit are investigating Ved Prakash Vyas, Dinesh Agarwal and Akshay Agarwal.
- What
- Properties worth Rs 90 lakh were attached in an alleged MDMA-trafficking and money-laundering investigation.
- When
- During the ongoing investigation; the accused were arrested a few months earlier.
- Where
- Searches and asset identification took place in Hyderabad, with related raids in Indore and Mandsaur.
- Why
- The ED alleges the properties and financial transactions were connected to proceeds from illicit narcotics trafficking.
- Agency
- Enforcement Directorate
- Alleged drug
- MDMA, also known as mephedrone
- Alleged quantity
- 70 kilograms
- Estimated drug value
- Approximately Rs 70 crore
- Attached property value
- Rs 90 lakh
- Accused named
- Ved Prakash Vyas, Dinesh Agarwal and Akshay Agarwal
- Investigation locations
- Hyderabad, Indore and Mandsaur