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Coolkicks' warehouse on Melrose Avenue in Los Angeles was raided on Thursday, Oct. 2

Founder Adeel Shams was one of four people detained, according to local news reports

The businessman is scheduled to appear in court later this month

A Los Angeles sneaker retailer, known for selling limited edition merchandise and being popular among celebrities , is under investigation.

On Thursday, Oct. 2, Coolkicks on Melrose Avenue in the Fairfax District of the city was raided by police, Complex and local news outlet KTLA reported. CEO and co-founder Adeel Shams was among four people detained.

Shams had been live-streaming an online auction on WhatNot at the time of the raid. In a video from the broadcast that was shared on Reddit , he could be seen questioning if he had

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