DRI Officials Capture Foreign Origin Gold in Hyderabad: A Major Gold Theft Case
DRI Officials Uncover Smuggled Gold
Hyderabad: Acting on specific intelligence regarding movement of smuggled foreign origin gold from Kolkata to Hyderabad, the officers of Directorate of Revenue Intelligence (DRI) seized gold valued at Rs 2.94 crore being smuggled in a car on the city outskirts on Wednesday night.
Details of the Seizure
- The smuggled gold was ingeniously concealed in two specially made cavities in the car.
- One secret cavity was on the left side of the driver seat below the dashboard.
- The other was on the frame of the trunk behind the car.
Foreign origin gold weighing 3982.070 gms valued at Rs. 2,94,55,372 has been seized, they said. The gold along with the vehicle were seized and two persons travelling in the car were arrested under the provisions of the Customs, Act, 1962.
Ongoing Investigation
Investigation is underway, revealing the intricate networks involved in smuggling operations. The DRI continues to combat the menace of gold theft in the region, reinforcing their commitment to enforcing customs regulations.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.