National Investigation Agency (NIA) on Wednesday conducted raids at about a dozen locations in Jammu and Kashmirâ€™s Srinagar, Baramulla and Handwara in connection with the terror funding case against separatists and others.
According to sources, the persons being searched include 3 close associates of Srinagar businessman Zahoor Watali.
Watali tops the list of alleged financiers of Kashmiri troublemakers and stone-pelters. He's known for his close proximity to political leaders in opposition and ruling parties.
The NIA had arrested seven persons on July 24 in the case of alleged funding of terror and subversive activities in the Kashmir Valley to fuel unrest.
The money was being raised to fund separatist and terror activities in Jammu and Kashmir, the NIA had alleged.
The agency had claimed that the accused were waging war against the country and were involved in various offences punishable under the Unlawful Activities (Prevention) Act.
It had also alleged that the accused were involved in creating unrest by way of anti-India demonstrations and bandhs.
(With PTI inputs)