The bypolls for RK Nagar Assembly constituency in Chennai, scheduled for April 12, is likely to be cancelled after Income Tax raids revealed routing of Rs 89 crore for "distribution to voters."
The IT department on Friday had seized Rs 5.5 crore in cash after searches on the premises of Health Minister C Vijayabaskar and found documents revealing details of Rs 89 crore being channelled to RK Nagar.
The polling for R K Nagar, held by former Tamil Nadu Chief Minister J Jayalalithaa, was to be held on April 12.
The Election Commission on Sunday called a special meeting to discuss scrapping the polls in high-profile constituency.
The decision will be taken on Monday after the Chief Election Commission and other officials examine the reports sent by the state election commssioner and Income Tax authorities, media report said.
The I-T sleuths had raided 50 locations in Tamil Nadu and seized Rs 5.5 crore from three of Vijayabaskar's "associates" and "incriminating" documents which also have references to the bypoll.
According to sources, documents seized during searches at the premises of an accountant of the Minister showed details of Rs 89 crore and the money being channeled to RK Nagar through party functionaries.
The IT department had sent a report to the Election Commission in view of the bypoll.
As per the documents leaked to the media, the Sasikala-led AIADMK faction had given over Rs 89.5 crore to seven ministers for distribution among R.K.Nagar voters and they were given a target to distribute cash to 85 per cent of the voters, numbering 2,24,145. According to that estimate, the price of one vote in the by-poll bound RK Nagar constituency is nearly Rs 4,000.