"Rs 2.6 crore has been seized from the premises of MLA A Krishnappa. He is contesting from the Hiryur Assembly constituency of the state. Further probe is on," a senior official said.
Krishnappa is a former minister and four time MLA.
The searches were conducted on the basis of inputs received by an I-T team deployed on the instructions of the Election Commission to check illegal cash and inducements during the polls.
The state goes to polls on May 5.