In a rude awakening for the Indian National Congress (INC), after carrying out raids at multiple residences belonging to party chief in Karnataka D K Shivakumar, Central Bureau of India (CBI) has registered a case against him on the alleged possession of disproportionate assets to the tune of Rs 74.93 crore in his and his family's name reports The Indian Express.

The development comes after CBI officials yesterday (5 October) carried out raids at premises of not just Shivakumar, but also that of his relatives and associates at locations across Karnataka, Mumbai and Delhi. Nine of the raids were conducted in Karnataka, four in Delhi and one in Mumbai.

During the raids, CBI officials are also said to have seized Rs 57 lakh in cash, along with several incriminating documents including property papers and bank-related documents in addition to electronic evidence.

CBI had registered a preliminary enquiry for probe against Shivakumar in March this year, based on a reference from the Enforcement Directorate.

Meanwhile, the All India Congress Committee (AICC)'s general secretary Randeep Surjewala has cried foul over the raids and seizure of money, calling the development an "insidious game of intimidation."

Shivakumar is a former minister of the Karnataka Government and is presently serving as an MLA in the Karnataka Assembly.