It is believed that the IT department got a tip-off that Srinivas might have earned lots of money when he was working as the PS and he is also a Benami of some of the TDP leaders reportedly.
Interesting thing is that the raids have been continuing for the past three days leaving TDP leaders in a deep shock. It has been reported that the IT sleuths have recovered some of the key documents and files from the residences.
Some of the close circles of the IT department said that some lockers were found in the raids and it is expected that there might be some more crucial documents in the lockers.
If all the information comes true and they found key documents, this development might irk the opposition TDP party.