New Delhi: The income tax department has issued a look out circulars against Nirav Modi and Mehul Choksi to restrict their movement, officials said on Wednesday.

The I-T department also attached four assets of Nirav Modi worth Rs70 crore, the officials added.

Billionaire jewellers Nirav Modi and Mehul Choksi of Gitanjali Gems are at the centre of the $2 billion PNB fraud.