Kanpur: Piyush Jain, a perfume businessmen who fend off RS 284 Crore is used to ride a scooter and travel in the four-wheeled four wheels.
Two cars – a Toyota Qualis and a maruti-found parking outside his home.
Photo: RS 284 Crore seized from the residency of Parpur Parpur traders to the locals, every time Piyush Jain visited his ancestral home in the Chhipaiti Kannauj area, he could be seen riding a scooter Bajaj Priya.
He used to live a very simple life, said the local population.
He also avoid using upscale cars and used to drive in old vehicles to avoid attention.
Read Alsokanpur: Piyush Jain was sent to prison in a 14-day judicial businessman Piyush Jain, who allegedly settled in cash on a variety of premises, sent to prison in 14 days of judicial detention by Judge Remand where he was produced by the GST Directorate General of Intelligence Team (DGGI) on Monday.
The study studied the art of making a perfume compound from his father, who was a chemist.
He started a perfume business in Kanpur, and expanded it by General to other parts of the country in the last 20 years.
He now has a growing business in Mumbai and Gujarat.
A GST official, meanwhile, said that the Directorate of Income Intelligence was warned as 23 kg of gold and 600 kg of sandalwood oil which had a market value around Rs 6 Crore, hidden in the basement, confiscated from the Jain and Factory Office Office.
Kanpur businessman Piyush Jain was arrested after RS 300 Crore Cash Haul “when gold recovered has a foreign sign, DRI was told about the same thing so that the required investigation can be done,” he said.
“Jain when questionable, however, admitted that the restored cash from the housing area was related to the sale of goods without GST payment,” he said.
Previously, Jain had stated before the central agent that he bought such cash by selling 400 kg of ancestral gold.
Kanpur’s Piyush Jain: He saves Rs 284 Crore at home, but takes an old car & driving a scooter
