Sleuths of the Special Police Establishment (SPE), Lokayukta Madhya Pradesh, raided the residence of assistant professor Rishi Kumar of Maulana Azad National Institute of Technology (MANIT) on Thursday and unearthed assets disproportionate to his known sources of income, including property worth approximately Rs 3.8 crore.
Lokayukta deputy superintendent of police Umesh Tiwari headed the team of officers in the raid at Kumar’s residence on MANIT premises.
The assistant professor has 18 bank accounts and three lockers, and has also invested in a number of properties, including a duplex at Trilanga, two flats and two plots.
Additionally, he has two farm houses in Sehore, agriculture land in Barkhedikalan and a shop in MP Nagar.
He runs a private coaching institute in the name of his wife Richa Singh, and the team recovered papers during the raid that reveal he has invested in the Acropolis Institute as well.
Also, the officers found 460 gm of gold, 400 gm of silver and Rs 1.5 lakh in cash at his residence.
Kumar has often been on the radar of authorities over various issues.
His appointment as assistant professor in the electrical engineering department of MANIT in 2005 has repeatedly been questioned, but a committee had later given him a clean chit in the matter.
According to another MANIT professor, who wished to remain anonymous, about a year ago, some students had lodged a complaint with the Ministry of Human Resources Department that Kumar was not taking regular classes.
Despite repeated attempts, Kumar couldn’t be reached for comment. As of filing of this report, the raid was at his residence was still on.