"We have seized old 500 and 1,000 rupee notes worth over Rs 10 crore", a top official told PTI on condition of anonymity.
He said, along with the cash, "few kilograms"of gold and diamond jewellery were also seized during the raid conducted in the house and at the jewellery store.
"We cannot confirm the quantity of the jewellery seized. May be few kilograms. This is what I can say now", the official said.