India, May 7 -- The Enforcement Directorate (ED) has seized valuables worth more than Rs.1 crore from the locker of a Nashik-based co-operative bank, held in the name of self-styled godman Ashok Kharat, under arrest on charges of sexual assault and other offences, and his wife Kalpana Kharat. The valuables - comprising gold jewellery worth Rs.1.10 crore, $5,500 in cash (worth Rs.5.19 lakh at current rates) and silver jewellery worth Rs.1.89 lakh - were seized on Tuesday, in presence of the couple's daughter, as alleged proceeds of crime under the Prevention of Money Laundering Act, ED officials said.

The ED had sealed the locker at the Vishwas Cooperative Bank's Mumbai Naka branch in Nashik in April. The same month, the agency searched s...