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Hyderabad’s ‘Gold Man’ under scanner: Rs 1 crore in gold seized as flashy image meets income tax heat

TOI City Desk
| TIMESOFINDIA.COM | Last updated on - Apr 3, 2026, 13:09 IST
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1/10

Hyderabad ‘gold man’ under I-T scrutiny

A flashy public persona built around gold has drawn the attention of tax authorities, with Yadgiri Chinna Goud, alias Dargah Chinna Pahilwan, landing in the Income Tax Department’s net in Hyderabad. Officials seized gold worth about Rs 1 crore from him.




2/10

150–200 grams returned for personal use

Of the 900 grams in Chinna Pahilwan possession, 700 grams were deemed unaccounted and confiscated, while 150–200 grams were returned for personal use. Authorities said he could not satisfactorily explain the source of income for the ornaments, triggering further investigation.

3/10

Third high-profile ‘gold man’ investigated

Chinna Pahilwan is the third high-profile ‘gold man’ under scrutiny in Telangana. Earlier, Telangana Hockey president Konda Vijay Kumar faced similar action, and P Suresh Kumar (alias Surya Bhai) had gold ornaments that were largely rhodium or copper-coated. Authorities are increasingly targeting individuals whose wealth and public image revolve around gold.

4/10

Investigators tracked TV and YouTube interviews

Officials said the case stemmed from social profiling. Investigators tracked Chinna Pahilwan’s TV and YouTube interviews before initiating action. His public persona, built around wealth and heavy gold jewelry, made him highly visible and attracted official attention.

5/10

Income Tax treats gold as unaccounted

During the inquiry, 700 grams of gold were treated as unaccounted and seized. The remaining 150–200 grams were returned for personal use. The total estimated value of the seized gold is around Rs 1 crore, and officials noted that Chinna Pahilwan could not explain its source.

6/10

Officials doubt gold holdings explanation

The Income Tax Department found that Chinna Pahilwan had filed only one income tax return, reflecting an income of around Rs 4 lakh. He claimed rental income and cash-based land deals, including buying land on GPA, reselling it at higher prices, and taking margins in cash. Officials considered these claims insufficient to justify the gold holdings.

7/10

Strong public persona in Gachibowli

Authorities also examined the finances of Chinna Pahilwan’s family. One relative works abroad as a tech professional, while another earns from a girls’ PG hostel. Officials are investigating possible indirect accumulation of unaccounted wealth linked to him through family members.


8/10

Active in business, politics, real estate

Known as the ‘Telangana gold man,’ Chinna Pahilwan has cultivated a strong public persona in Gachibowli. He is active in business, politics, real estate, and settlements. His image revolves around wearing heavy gold ornaments, giving him visibility as a wealthy and influential local figure.

9/10

High public profile draws attention

Chinna Pahilwan maintains a visible social media presence, including ‘home tour’ videos showcasing his properties. He is often seen attending local events and festivals, which has made him widely recognized and contributed to his high public profile, attracting tax scrutiny.

10/10

I-T probes Chinna Pahilwan’s assets

The Income Tax Department continues to probe Chinna Pahilwan’s assets, transactions, and financial dealings. Authorities are monitoring real estate and cash transactions, as well as family-linked income, to trace any unaccounted wealth. The case underscores the use of social profiling in modern financial investigations.

Top Comment
A
Antz Geo
53 days ago
Seize his properties also
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Copyright © May 27, 2026, 04.40PM IST Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service