68 Artworks Seized From Nirav Modi Sold In Auction, This 1881 Raja Ravi Varma Painting Alone Fetched Rs 16 Crore

Finally, the time has come to recover some money from fugitive diamond jeweler, Nirav Modi, while he is in London police custody. It was anticipated that the art collection that Modi had is worth crores and an auction held by the Enforcement Directorate (ED) proved it correct. As many as 57 artworks were put at Saffronart Spring Live Auction in Mumbai and it fetched Rs 54.84 Crore for the Government of India.

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REUTERS

One of the star attractions of the auction was this 1881 painting of the celebrated India artist Raja Ravi Varma.

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