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Home Politics & Governance

Assets Worth Rs 13.43 Cr Attached  in Drug Trafficking Crackdown: Police

Irfan Yattoo by Irfan Yattoo
October 16, 2026
in Politics & Governance
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Assets Worth Rs 13.43 Cr Attached  in Drug Trafficking Crackdown: Police
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Residential properties, vehicle frozen under NDPS Act across six police stations

 

Srinagar: Srinagar Police has frozen and attached residential properties and a vehicle valued at over Rs 13.43 crore in a crackdown on the alleged financial networks of drug trafficking, invoking provisions of the Narcotic Drugs and Psychotropic Substances (NDPS) Act, 1985.

The coordinated action was carried out by Police Stations Khanyar, Pantha Chowk, Shalteng, Safakadal, Soura and Ahmadnagar across different subdivisions of Srinagar. Police said the assets were identified during financial investigations as allegedly acquired through proceeds of illicit narcotic activities. The action was initiated under Sections 68-E and 68-F of the NDPS Act, following the prescribed legal procedures.

Police Station Khanyar accounted for the largest share of the action, attaching four residential properties and a vehicle valued at approximately Rs 8 crore.

The properties include a three-storeyed house on seven marlas of land belonging to Aijaz Ahmad Bhat of Budoobagh, Khanyar, valued at Rs 1.60 crore in connection with FIR No. 37/2022.

A Volkswagen Polo, bearing registration number DL3CBW-3549 and valued at Rs 6.50 lakh, belonging to AaqibHyder Khan of Ghat No. 1, Dalgate, was also attached in connection with FIR No. 46/2025.

Police further attached a three-storeyed residential house on 12 marlas of land belonging to Majid Ashraf Wani of Sheeshgari Mohalla, Khanyar. The property has been valued at Rs 2.50 crore and is linked to FIR No. 47/2022.

Two residential properties belonging to Shabir Ahmad Bangroo of Bangroo Mohalla, Safakadal, were also attached. These include a three-storeyed house on 11 marlas and 145 square feet of land, valued at Rs 2.80 crore, and a single-storeyed house on five marlas of land, valued at Rs 1.10 crore. The properties are linked to FIR No. 07/2016.

At Pantha Chowk, police attached a concrete residential house at Khanmoh belonging to Saqib Bashir Bhat alias Sakpal, valued at Rs 1.24 crore. The accused is linked to FIR Nos. 106/2024 at Police Station Pampore, 128/2025 at Police Station Banihal and 55/2026 at Police Station Khrew.

Police Station Shalteng froze a two-storeyed residential house on one kanal of land belonging to Danish Ahmad Bhat of Panzinara, Srinagar. Valued at Rs 1.21 crore, the property is linked to FIR No. 43/2023. Police said the freezing order under Section 68-F of the NDPS Act had been served.

At Safakadal, a three-storeyed residential house with an attic belonging to Faizan Firdous Khanday alias Farzan Pujj of Malik Sahib was attached. The property has been valued at Rs 10,15,383 and is linked to FIR No. 135/2026, registered under Sections 8/22, 25, 27A and 29 of the NDPS Act, Sections 3/4/25 of the Arms Act and Section 111 of the Bharatiya Nyaya Sanhita (BNS).

Police Station Ahmadnagar took action against two residential properties belonging to Adil Ahmad Patoo of Shah Mohalla, Ahmadnagar. One property, valued at approximately Rs 1 crore, was frozen following a financial investigation under Section 68-E of the NDPS Act. The proceedings under Section 68-F were carried out in the presence of an Executive Magistrate.

A second residential house belonging to Patoo, valued at Rs 80 lakh, was acted upon in connection with FIR No. 16/2023 registered at Police Station Ahmadnagar.

At Soura, police froze a residential house belonging to Khalid Nazir Chiloo of Umar Colony-B, Lal Bazar. The property, valued at Rs 1,18,00,751 excluding the land value, is linked to FIR No. 23/2025. The proceedings were carried out in the presence of an Executive Magistrate and local witnesses.

Police said the assets had been identified during financial investigations into suspected proceeds of drug trafficking and that the action was aimed at targeting the financial resources allegedly sustaining narcotics networks.

Srinagar Police reiterated its zero-tolerance policy towards drug trafficking, stating that efforts would continue to trace illicit proceeds, pursue offenders and dismantle networks in accordance with law.

 

Irfan Yattoo

Irfan Yattoo

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The publication of “Kashmir Horizon” as an English daily was started with a modest attempt on May 19, 2008.It has been a Himalayan attempt for “The Kashmir Horizon” to survive the challenges posed to journalism in the violence fraught place like Jammu & Kashmir.

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