Jeweller among two arrested in gold smuggling racket
MUMBAI: The Directorate Revenue of Intelligence (DRI) on Sunday arrested a jeweller from Kalbadevi and a businessman from Andhra Pradesh for their alleged involvement in a gold smuggling racket. The officials seized 7kg gold worth Rs 3 crore that was illegally smuggled from Dubai. The DRI has already arrested more than one dozen people in the ongoing investigation in the racket.
According to sources, the DRI Kolkata unit recently got a tipoff that a gold-smuggling gang was operating from Kolkata, Mumbai and Rajpur via Bangladesh through the Indo-Bangladesh border.
Based on information gathered from various zonal DRIs, in October, officials raided various places in the three cities and recovered 41kg gold worth Rs 12.5 crore. During investigation, the officials learnt that Goparam Vagtaram, a businessman from Andhra Pradesh, used to ferry the gold to Mumbai. “We kept a vigil on him and finally on Sunday, caught him red-handed when he was travelling to Mumbai on Howrah-LTT Samarsata Express. “We found four gold bars weighing a total 7kg concealed in his clothes,” said an official.
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