Gupta had been booked recently for amassing assets disproportionate to his known sources of income. An FIR was registered against Gupta, his wife Reema Singal, his son Gaurav Singal, and his daughter-in-law Komal Singal.
After registration of the FIR, a CBI team conducted searches at his premises and recovered Rs 20 crore in cash, in addition to documents related to properties and other valuables.