The Enforcement Directorate (ED) has initiated a new round of searches against Santiago Martin, famously known as the 'lottery king,' in an ongoing money laundering investigation. The ED's operation spans multiple locations across India, including West Bengal, Sikkim, and Tamil Nadu, targeting properties associated with Martin in cities like Chennai and Coimbatore.The searches also include the office of Martin’s son-in-law, Aadhav Arjuna, the Deputy General Secretary of the VCK party. The probe centers on alleged financial misconduct, with claims that Martin’s lottery business caused a ₹900 crore loss to the Sikkim government through fraudulent lottery sales in Kerala. Martin's company, Future Gaming Solutions, the primary distributor of Sikkim lotteries, has been under ED scrutiny since 2019.The investigation has also brought attention to Martin’s significant role in political funding, as Election Commission data reveals he is the largest purchaser of electoral bonds, contributing over ₹1,300 crore to political parties between 2019 and 2024. In 2023, the ED attached ₹457 crore worth of assets from Martin’s holdings, and the recent Madras High Court ruling allows the ED to move forward with the case. This includes the recovery of ₹7.2 crore in unaccounted cash from Martin's Chennai home.