ACB registered a case of disproportionate assets against Dupalli Mallikarjun Rao after conducting simultaneous searches at different places covering his office at Adilabad, residences at Karimnagar and Hyderabad.
The searches yielded moveable and immovable assets worth more than Rs 1.48 crore possessed by Rao and his family members, an ACB release said here.
The wealth included one house, 12 plots, three acres of agriculture land, Rs 1.16 lakh in cash and gold ornaments weighing about 880 grams.
The market value of these assets would be more than Rs 3 crore, the ACB release added.