India News: To make the process as transparent as possible, an assessor approved by the Income Tax Department was present, and he valued the gold and silver articles on the premises. The cash was duly counted and deposited in the bank account of the trust in the SBI branch in Prasanthi Nilayam, the release said.

It is not yet clear what is done with the gold and silver ornaments. But it is believed that they would also be deposited in the bank, in a separate account to be opened by the trust for the purpose.