Gold Worth Rs. 6.8 Crore Smuggled Into India From Dubai, Sri Lanka Seized.
The Directorate of Revenue Intelligence (DRI) has arrested four people for allegedly trying to smuggle gold valuing about Rs. 6.88 crore into the country from Dubai and Sri Lanka, according to an official statement issued today.
All the four accused -the kingpin, his aide and close relative, and two carriers — have been remanded in judicial custody, it said.
Acting on inputs, the DRI officials on Tuesday seized 20.6 kg gold, valued at Rs.6,88 crore, kept hidden by the syndicate at a residential premises in the city, the statement issued by the agency said.
A BMW car used to deliver the smuggled gold and Rs. 21 lakh were also seized, it said.
“Interrogation of the apprehended persons revealed that the Chennai-based kingpin, a resident of Choolaimedu, used to organise operatives who would work in the domestic sector to various airports, collect gold bars from transit passengers at the respective airports and carry them back to Chennai in the domestic sector and hand them over to the kingpin and his aides,” the DRI said.
Related Posts
Gold smuggling: 55.61 kg of foreign gold worth Rs 28 crore seized by DRI.
In a major bust of the Myanmar-India gold smuggling network, the Delhi Zonal Unit...
Sri Lanka raids fake ICC T20 clothing stores
Sri Lanka's police raided a factory turning out counterfeit ICC World Twenty20...
Container Full of 63 lakh Foreign Cigarettes Costing Rs 6.5 cr Seized at JNPT
The Special Intelligence and Investigation Branch seized more than 63 lakh...
‘Fakes’ worth P11.8M destroyed at Crame
Authorities on Thursday destroyed some P11.8-million worth of counterfeit goods,...



