Visakhapatnam, Oct 11 (SocialNews.XYZ) The Directorate of Revenue Intelligence (DRI) has seized foreign-origin gold worth Rs 8.98 crore near Visakhapatnam and arrested two persons.
The gold weighing over 5.8 kg was seized from a car after a high-speed chase near Visakhapatnam, the agency said on Sunday.
The gold hidden under the car seat was being transported from Kolkata to Hyderabad.
According to the DRI, it seized 5,832.90 grams of gold worth Rs 8.98 crore in the market from a car travelling from Kolkata to Hyderabad, following a chase and search on the night of October 8-9.
Acting on specific intelligence, DRI officials maintained heightened vigilance along the National Highway. They intercepted the car carrying two passengers after a prolonged chase.
After sustained questioning and a systematic search of the vehicle, officials detected a specially fabricated cavity beneath the leg space of the front co-passenger seat. They recovered three packets containing 5,832.90 grams of 24-carat gold of 999 purity from the concealed compartment.
According to the officials, the gold had been smuggled into India through the India-Bangladesh border and was being transported to Hyderabad.
Officials seized the recovered gold under the provisions of the Customs Act, 1962. They arrested and produced both passengers before the jurisdictional magistrate, who remanded them to judicial custody.
The DRI said in another press release on Sunday that it intensified its crackdown on cross-border gold smuggling from Bangladesh, seizing around 7.8 kg of foreign-origin gold valued at more than Rs 11.50 crore in intelligence-led operations conducted on October 8-9 in the eastern region.
The operations exposed the use of road and railway networks to transport smuggled gold from border areas towards Kolkata, resulting in the arrest of six persons, the DRI said.
The officials seized 50 gold bars, weighing around 6.8 kg and valued at approximately Rs 10 crore, from a four-wheeler at Dankuni Toll Plaza. The vehicle, carrying four persons, was travelling from Banpur, near the Bangladesh border, towards Kolkata.
On the same day, DRI teams in West Bengal intercepted passengers on trains at two railway stations, i.e., Malda Town Railway Station and New Jalpaiguri Railway Station and seized around 1 kg of foreign-origin gold, valued at around Rs 1.5 crore, from their possession.
Source: IANS
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