Bengaluru set to auction alleged conman Sukesh Chandrashekar’s lavish exotic car collection

The Income Tax Department in Bengaluru is set to auction high-end vehicles owned by jailed alleged conman Sukesh Chandrashekar next week, aiming to recover his ₹308.48 crore dues to various institutions. The auction, scheduled for November 28, includes 11 cars such as BMW M5, Toyota Prado, Range Rover, Lamborghini, Jaguar XKR Coupe, Rolls Royce, Bentley, Innova Crysta, Toyota Fortuner, Nissan Teana, and Porsche. Additionally, Chandrashekar’s Ducati Diavel sports cruiser bike will be auctioned. The vehicles, seized in 2018 from locations including Kerala and Tamil Nadu, will be auctioned online with prices ranging from ₹2.03 lakh to ₹1.74 crore.

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According to department sources, the vehicles are currently housed at the Central Revenue building for inspection until Friday, described as being in “good condition” as per the department’s assessment. The move to auction these assets is a response to Chandrashekar’s outstanding dues to government institutions as of November 10.

The sources explained that these vehicles were seized in 2018 from various parts of the country, and due to Chandrashekar’s substantial dues to government entities, the decision was made to recover the amounts by auctioning these high-end assets.

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Chandrashekar, presently incarcerated in a Delhi Jail, faces accusations of impersonating top government officials to extort ₹200 crore from Aditi Singh, the wife of Shivinder Mohan Singh, the former owner of pharmaceutical major Ranbaxy. The alleged scam involved promising Singh the release of her husband, who was in jail for a money laundering case.

Simultaneously, Chandrashekar is under investigation by the Enforcement Directorate in connection with a money laundering case. The upcoming auction serves as a means to recoup the considerable financial liabilities attributed to him.