Bhubaneswar, Dec. 23 -- The Economic Offences Wing (EOW) of Odisha has seized 10 vehicles, 144 high-value mobile phones, sound systems, and photography equipment during raids conducted on the residences and business premises of a fraud accused, Rama Narayan Bal.

Bal was arrested from Bhadrak on October 29, 2025, in connection with an EOW case registered under Sections 318(4), 319(2), 336(3), 338, 340(2), 341(1), and 61(2) of the Bharatiya Nyaya Sanhita (BNS).

He was produced before the designated OPID Act Court in Cuttack and is currently in judicial custody.

During police remand and interrogation, investigators found that Bal had created and acquired substantial movable assets using the proceeds of crime, both in his own name and in the...