DRI officials seize 5.832 kg of gold worth ₹8.98 crore near Visakhapatnam
The gold was hidden in a specially fabricated cavity in a car traveling from Kolkata to Hyderabad, and investigators are tracing the smuggling network.
- On Sunday, the Directorate of Revenue Intelligence seized 5.83 kg of foreign-origin gold worth Rs 8.98 crore near Visakhapatnam, Andhra Pradesh, from a car traveling from Kolkata to Hyderabad.
- Smuggled through the India-Bangladesh border, the gold was concealed in a specially fabricated cavity beneath the front co-passenger seat, destined for Hyderabad.
- Following a prolonged highway pursuit on the night of October 8-9, authorities intercepted the vehicle. "From that secret cavity, three packets containing 5,832.90 grams of 24 carat/999 purity foreign origin Gold valued at Rs 8.98 crores market price were eventually recovered," officials said.
- Both occupants were arrested and produced before a jurisdictional magistrate, who remanded them to judicial custody under the provisions of the Customs Act, 1962.
- DRI officers are attempting to determine the gold's origin and destination while investigating to identify the kingpin behind the smuggling racket.
14 Articles
14 Articles
The DRI has recovered gold worth ₹8.98 crore from a car in Visakhapatnam, Andhra Pradesh. Approximately 5.83 kilograms of gold was hidden in a secret compartment beneath the car's front passenger seat. Acting on intelligence, the car was searched on the highway on the night of October 8th and 9th. Two people have been arrested in connection with the case.
DRI officials seize 5.832 kg of gold worth ₹8.98 crore near Visakhapatnam
The Directorate of Revenue Intelligence intercepted a car travelling from Kolkata to Hyderabad and arrested two persons for smuggling the gold, believed to have entered via the India-Bangladesh border
High-Speed Chase Leads To Rs 8.98 Crore Gold Seizure By DRI
The Directorate of Revenue Intelligence (DRI) has seized over 5.8 kg of foreign-origin gold, valued at Rs 8.98 crores, following a high-speed highway chase near Visakhapatnam, Andhra Pradesh. Two individuals transporting the gold from Kolkata to Hyderabad, which was smuggled via the India-Bangladesh border, have been arrested and remanded to judicial custody.
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LatestlyAndhra Pradesh: DRI seizes foreign-origin gold worth Rs 8.98 crore in Visakhapatnam, two arrested
Acting on specific intelligence, the DRI maintained heightened vigilance along the National Highway and intercepted the vehicle after a prolonged chase.
DRI seizes gold worth Rs 8.98 crore en route to Hyderabad
Hyderabad: The Directorate of Revenue Intelligence (DRI) seized 5.83 kg of foreign-origin gold, valued at Rs. 8.98 crore, from a specially fabricated cavity in a car travelling from Kolkata to Hyderabad. Acting on specific intelligence, DRI officials maintained heightened surveillance along the national highway and intercepted the car carrying two passengers at Visakhapatnam after a … Get the latest updates in Hyderabad City News, Technology, En…
DRI Seizes Foreign-Origin Gold Worth ₹8.98 Crore in Visakhapatnam, Two Arrested
Visakhapatnam: The Directorate of Revenue Intelligence (DRI) has seized 5.83 kg of foreign-origin gold worth Rs 8.98 crore from a car travelling from Kolkata to Hyderabad in Visakhapatnam, and arrested two persons in connection with the case. Acting on specific intelligence, the DRI maintained heightened vigilance along the National Highway and intercepted the vehicle after […]
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