Gang busted, Rs 6.9 crore smuggled gold seized.
The Directorate of Revenue Intelligence (DRI) busted a gold smuggling racket and arrested four men including the kingpin from a hideout at in the city on Tuesday. They seized 20.6kg of gold worth 6.88 crore, 21 lakh in cash and a BMW car from them.
The kingpin, identified as Aulthan Syed Ibrahim, had engaged many carriers to smuggle gold into through smaller airports where customs checks are less. The others in custody are Ahamed Harris, 37, S Abdullah, 43 (both from Chennai) and Ahamed Akram, 28, a native of . DRI officials believe Ibrahim had engaged people also to smuggle gold from Sri Lanka to Tamil Nadu by sea.
DRI sleuths have been keeping a watch on the suspects for two weeks. The arrested men were remanded in judicial custody on Tuesday. DRI sources said Ibrahim assigned people to smuggle gold especially from the Middle East. “Once smuggled in, the gold would be transported in imported, expensive cars which often escape routine police checks,” said an official.
Related Posts
Liquor worth 1.5cr seized, largest by state excise dept
Kolhapur: The Kolhapur division of the state excise department has made a...
Mounties seize 27 tonnes of illegal cigarettes in B.C. busts valued at $24M
Federal investigators have seized 27 tonnes of contraband cigarettes in British...
Higher oil tax encourages smuggling
Several groups have expressed concern about the proposal of the Department of...
Smuggled cigarettes and counterfeit watches seized by customs
Half-a-million smuggled cigarettes and hundreds of counterfeit designer watchers...