Police on Friday attached assets worth over Rs 2.08 crore belonging to an alleged drug peddler in Jammu and Kashmir’s Samba district as part of the ongoing campaign against narcotics trafficking.
The accused has been identified as Narayan Sharma alias Shunna, a resident of Vijaypur in Samba district.
According to officials, the action was carried out under Section 68-F of the Narcotic Drugs and Psychotropic Substances (NDPS) Act after investigations established that the assets were allegedly acquired through proceeds generated from illicit drug trafficking.
The attached properties include a residential house valued at approximately Rs 48.50 lakh, a car worth around Rs 10 lakh, and land valued at nearly Rs 1.50 crore. The total value of the attached assets has been estimated at about Rs 2.08 crore.
Police said a detailed investigation and inquiry revealed prima facie evidence indicating that the properties were acquired through proceeds of illegal narcotics trade. Consequently, the assets were seized and attached under the relevant provisions of the NDPS Act.
Officials stated that further legal proceedings are being initiated in accordance with the law.
Narayan Sharma is currently lodged in Central Jail Kot Bhalwal, Jammu, under the provisions of the Prevention of Illicit Traffic in Narcotic Drugs and Psychotropic Substances (PITNDPS) Act.
Police reiterated their commitment to intensifying efforts against drug trafficking and dismantling the financial networks of individuals involved in the illegal narcotics trade.
