Hyderabad, Oct. 21: The Directorate of Revenue Intelligence (DRI) has arrested five people for allegedly smuggling foreign-origin gold from Bangladesh to Hyderabad through Kolkata.
Acting on specific intelligence, officers from the Hyderabad Zonal Unit and Vijayawada Regional Unit intercepted a Scorpio vehicle on the outskirts of Vijayawada.
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The officers were investigating a gang allegedly involved in procuring and transporting smuggled gold. During questioning, two occupants reportedly disclosed their involvement in delivering the gold.
Gold Smuggling Case | DRI Seizes 3.1 Kg Gold Bars, Foreign Currency
Based on the information obtained, officers identified three other suspects travelling towards Hyderabad on a public bus. They intercepted the trio at a toll plaza.
The officers recovered three foreign-origin gold bars weighing approximately 3.1 kg. The suspects had allegedly concealed the bars in a pouch tied around their waists.
Officials also seized foreign currency hidden inside a secret cavity in the Scorpio vehicle.
According to the DRI, the two occupants allegedly said the foreign currency represented proceeds from the sale of smuggled gold.
All five accused were arrested and produced before a court. They were subsequently remanded to judicial custody.
Further investigation is underway to establish the smuggling network’s links and identify other people allegedly involved in the operation. (Maxim News)
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