The Enforcement Directorate (ED) on Friday conducted raids in Uttar Pradesh, Delhi, and Punjab as part of a money laundering investigation into a Rs 450-crore bank loan fraud case, officials said. 

They said the Lucknow zonal office of the central agency raided eight premises in the national capital and the two states as part of the probe against a company identified as Santosh Overseas Ltd., its promoters and linked entities.