The IT sleuths today raided the top Kannada actors and film producers.
It is said that close to 200 officials searched multiple locations across Karnataka.
So far the IT searches have led to unearthing of huge cache of currency and gold ornaments.
The raids that began in the morning are continuing across 23 locations, they added.
Actors Shiva Rajkumar and Puneet Rajkumar, sons of late superstar Rajkumar, Sudeep, Yash and producer Rockline Venkatesh were among those whose properties were raided, the IT department said without revealing any other details.
Homes of producers CR Manohar and Vijay Kiraganduru were also raided.
Shivarajkumar is the son-in-law of former Chief Minister S Bangarappa, while his brother is a National Film Award winner.