Piyush Jain acquitted in recovery of 23 kg gold. Perfume businessman Piyush Jain acquitted: To avoid punishment, gave up his claim on gold worth Rs 14 crore, had to deposit Rs 56.86 lakh – Kanpur News

This picture is of Kanpur perfume businessman Piyush Jain. (file photo)

Kanpur's famous perfume businessman Piyush Jain was acquitted by the court on Tuesday in the case of recovery of 23 kg gold. Piyush Jain gave up his claim on gold. Along with this, he also withdrew the compounding fee of Rs 56.86 lakh and his appeal in the court. Because of this he has been acquitted. That is, to avoid punishment, Piyush Jain gave up his claim on gold worth Rs 14 crore recovered from his house and the court acquitted him.

23 kg of foreign currency was recovered from the house of perfume businessman Piyush.