Sources in the Economic Offences Wing of state police said here today that the assets included two houses in Bhopal, 15-acre agricultural land, a farm house on the outskirts of Bhopal, a plot in Damkheda, 20 tolas of gold and 21 kg of silver.
In addition, the EOW also seized documents related to investment in mutual funds for lakhs of rupees, in the raids that were conducted yesterday.
The raids were conducted after a complaint was received that Rai had amassed wealth disproportionate to known sources of his income.
A case under Prevention of Corruption Act has been registered against him.