The DRI operation also recovered 11 luxury watches, including a Patek Philippe watch studded with diamonds, and a Jacob & Co timepiece and a Frank Muller watch.
Amid the spotlight over Kannada actor Ranya Rao’s gold smuggling case, the Directorate of Revenue Intelligence (DRI) conducted a search at a flat in Gujarat’s Ahmedabad on March 17, recovering a whopping 88 kilograms of gold bars, and 19.66 kgs of studded jewellery.
A team of DRI along with officers of the Gujarat Anti-Terrorism Squad (ATS) had conducted the search at a residential flat in the Paldi area.
According to a statement from the Ministry of finance, “The search led to the recovery of 87.92 kilograms of gold bars, valued at around ₹80 crores. Majority of the said gold bars bear foreign markings, indicating that these were smuggled into India.”
