Over half a dozen places of a renowned chartered accountant were raided by Enforcement Directorate (ED) in connection with Financial Irregularities in the Arera Colony area of the state capital in the early morning hours on Wednesday.

On Wednesday morning, a team of Enforcement Directorate (ED) raided the house of a chartered accountant BC Jain located in Arera Colony.

During the investigation, the officers have seized account related documents. Along with the chartered accountant's house in Arera Colony, action continued at the houses of 4 other associates in Bhopal.

During this, irregularities in tax and audit documents of many people or companies associated with the CA may be revealed. The action has been going on since around 6 am. The CA also works as a GST consultancy.

Jain is associated with big industrialists and businessmen of the state.

The company is said to be registered 46 years ago, which handles matters of taxation, audit, financial corporate and management affairs.

The chartered accountant's house is in Arera Colony. The Central Police Force is deployed outside the two-storey house. However, the officers are avoiding saying anything in this matter.

The work of the CA whose house was raided is looked after by his son and his associate team. There is also talk of a money laundering complaint against this company. After which this action is being taken.

ED has taken this action on the basis of complaints received against BC Jain regarding financial irregularities. A team of ED officials reached BC Jain's house and other places at 6 am. The investigation of documents was started at these places of BC Jain from the morning itself.

According to the information, BC Jain is accused of money laundering through various financial institutions and businesses. After the ED raid, more revelations may be made in the case in the coming days. Although no official statement has been made regarding this yet, due to serious allegations, some arrests are expected.