Income Tax raids on actor Nani?

The Income Tax department on Wednesday carried out raids on the residences and offices of several top production houses of the Telugu film industry in a simultaneous exercise. Natural star Nani also came under the I-T lens. This is the first time Nani facing IT searches. 

It could be routine exercise but the industry went in panic as the officials also are conducting raids on the offices of several production houses.

Nani is one of the busiest stars in the Telugu film industry. He earns nearly Rs 30 crore per annum as he charges Rs 10 crore per film and signs three films a year.