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6- January-1996	CBI identifies two key figures - Satyanarayana Gauda and Daya Manikam Anand - in Purulia arms drop case.
16- January-1996	Union Cabinet Minister V.C. Shukla, Balram Jhakar, Madhavrao Scindia, and others including BJP President L.K. Advani, Arjun Singh and Devi Lal chargesheeted in the multi-crore Jain `Hawala' case. CBI seeks sanction to prosecute them. L.K. Advani resigns from Lok Sabha membership.
19- January-1996	Upendranath 'Ashk', noted Hindi literary figure known for his disputed writings, passed away.
22- January-1996	Janata Dal parliamentary party leader Sharad Yadav resigns from Lok Sabha membership (Jain hawala case).