Customs officials suspect that the vehicle was illegally imported into India through the Bhutan-Nepal border route using forged documents and manipulated registration records to evade taxes.
The investigation gathered momentum following the confiscation of 10 high-end vehicles from Coimbatore and the busting of the alleged masterminds behind the scheme.
A source with the Kochi customs preventive unit said that the operation is still underway. A Land Cruiser was seized from Adimali on Wednesday, officers said.