coimbatore income tax sleuths conducted searches at a jewellery and a finance company in the city which had allegedly conducted suspicious business dealings as per the it sleuths vimal owner of sri nidhi gold bullion on big bazaar street had made several suspicious transactions in the last few months he had also transacted money with a finance company named kosamattam finance based in kerala even in kerala the said finance company was searched by the it officials and it was revealed that they had suspicious transactions with three to four people so we conducted searches at those locations said an officialtwo teams searched vimals office and house for business documents and papers relating to money transactions after huge deposits were made in the bank the sleuths also conducted searches at various branches of kosamattam financethe flurry of transactions raised suspicion among the it sleuths since they happened during the demonetisation periodtnn