Nirav Modi’s art- raises ₹41 crore

In an auction on Tuesday the Income tax department raised ₹54 crore by selling an untitled piece by an abstract artist VS Gaitonde. It was bought for the maximum price of ₹25.24 crore. They sold another painting which is from 1881 and is a non- exportable national art treasure. This oil painting is a famous work from Raja Ravi Varma and sold for ₹16.1 crore. Both these paintings belonged to Nirav Modi who is wanted criminal in India.

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