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By Our Staff Reporter
According to a CBI spokesperson, the raid was conducted at the Sundar Nagar office of the firm and its warehouse in Defence Colony here. At least nine registered paintings of Raja Ravi Varma have been recovered. Another painting depicting a nude is by P. Gerhardt.Investigations revealed that the firm had sold 73 precious paintings by way of auctions at Delhi, Kolkata, Mumbai and Bangalore. However, the firm did not have the requisite licence from the ASI under Section 5 of the Antiquities and Art Treasures Act, 1972. A case has been registered by the CBI. No arrests have been made so far.
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