Image used for representational purpose only. 
Hyderabad

25 kg gold worth Rs 11.63 cr seized in Hyderabad, 3 held

Preliminary investigation revealed that the smuggled gold was handed over in Guwahati to be delivered in Chennai.

Express News Service

HYDERABAD: The Hyderabad Zonal Unit of the Directorate of Revenue Intelligence (DRI) on Wednesday arrested three persons for smuggling 25 kg of gold bars worth Rs 11. 63 crore from Hyderabad to Chennai by car. According to DRI officials, they intercepted an ISUZU car (SUV) in the early hours of Wednesday at Panthangi Toll Plaza. The SUV, bearing an Assam registration number, had travelled more than 2,500 km from Guwahati to Hyderabad. On detailed inspection of the car, 25 kg of foreign marked 1 kg gold bars of four different companies such as Heareus, Suisse, Melter Assayer and Valcambi were recovered from a specially-made orifice inside the car. 

Preliminary investigation revealed that the smuggled gold was handed over in Guwahati to be delivered in Chennai. For the past few days, DRI officials have cracked the whip on gold smuggling gangs at the Rajiv Gandhi International Airport (RGIA). It was stated that the officers obtained leads from some passengers and then conducted raids at the toll-plaza at Panthangi. 

NEET stir victory: SC quashes all criminal cases against CJP protesters

NCLT bars Subhash Chandra from selling assets as lenders challenge Rs 6.5-crore settlement

‘Lights, Camera, INACTION’: Kharge takes aim at Modi over 7.8% GDP growth

Indian among 12 killed in latest Russian attacks on Ukraine: Zelenskyy

Nepal flash flood death toll climbs to 1003, rescue operations enter seventh day with 3,916 people missing