Taking cognizance of media sting reports after the demonetisation move, the Delhi Police and Income Tax Department jointly conducted raids on Thursday and searched various places across the national capital to unearth black money, police said.
"The raids were conducted following the direction of Ministry of Information and Broadcasting, Government of India, which sent CDs of actual broadcast to Delhi Police on Wednesday for taking necessary action in the matter on account of demonetisation of higher currency notes," Joint Commissioner of Police (Crime) Ravindra Yadav said.
The sting operations carried out by several news channels show how some persons were involved in getting rid of their unaccounted cash in the demonetised 500 and 1,000 rupee notes in gold jewellery, real estate among others and also promising conversion of the notes into legal tender by charging commission, said Yadav.
The Crime Branch in association with Directorate of Investigations IT department conducted raids and searches at several places all over Delhi, he said.
"The places we raided today were Chandni Chowk, Pahar Ganj, Connaught place, Hauz Khas and Shakurpur," he said.
Appropriate legal action will be taken in consultation with the IT department.