Overview
- ED teams searched locations in Padgha–Borivali near Mumbai along with Ratnagiri, Delhi, Kolkata and towns in Uttar Pradesh, with Maharashtra ATS providing security support.
- The action was taken under the Prevention of Money Laundering Act and covered premises of accused individuals, their family members, close associates and entities suspected of financial links.
- Investigators are examining transactions and suspected funding routes, including inputs that proceeds from illegal Khair wood smuggling may have been diverted to extremist activities.
- The underlying NIA and ATS cases allege recruitment and indoctrination, procurement of weapons and explosives, IED assembly in Pune and a controlled test explosion in nearby forested areas.
- Earlier coordinated operations resulted in about 15 arrests connected to the network, and prominent accused Saquib Nachan, a former SIMI office-bearer, died in June 2025.