India, Jan. 29 -- In a late-night operation on Monday, the Sangli police raided a company located in Karve MIDC area near Vita and uncovered a major drug manufacturing racket. The police seized MD drug products worth Rs.29.73 crore from the premises.

The accused have been identified as Rahudeep Dhanji Boricha, 41, from Bharuch in Gujarat; Suleman Johar Sheikh, 32, from Bandra West in Mumbai and Balraj Amar Katari, 24, from Vita. Boricha and Sheikh have criminal record and Katari is working for them as local contact, a police official said.

Based on a tip-off, the police intercepted a car carrying the banned drug at around 7.45 pm on Monday. After questioning, the police raided Ram Krishna Hari Mauli Industries areas in MIDC and seized 1...