DRI seizes Rs 4.2 crore gold in wax form at Mumbai airport
Key points
- In a major crackdown on organised gold smuggling, the Directorate of Revenue Intelligence (DRI) has busted a Dubai-linked syndicate operating through Mumbai's Chhatrapati Shivaji Maharaj International Airport and seized 2.6 kg of foreign-origin gold worth Rs 4.2 crore.
- Acting on specific intelligence inputs, DRI officers laid a trap at the airport and intercepted two passengers suspected of carrying smuggled gold into the country.
- What initially appeared to be routine baggage clearance soon turned into a significant smuggling bust.
- Read Full Story During a personal search, officers recovered two pouches containing gold dust concealed in wax form.
- The seized gold, found to be of 24-karat purity, had a total net weight of 2,600 grams and an estimated market value of Rs 4.20 crore.
Quick Summary
In a major crackdown on organised gold smuggling, the Directorate of Revenue Intelligence (DRI) has busted a Dubai-linked syndicate operating through Mumbai's Chhatrapati Shivaji Maharaj
Why It Matters
This development is important because it may impact public opinion, policy decisions, and future developments related to DRI seizes Rs 4.2 crore gold in wax form at Mumbai airport.
Key Takeaways
- In a major crackdown on organised gold smuggling, the Directorate of Revenue Intelligence (DRI) has busted a Dubai-linked syndicate operating through Mumbai's Chhatrapati Shivaji Maharaj International Airport and seized 2.6 kg of foreign-origin gold worth Rs 4.2 crore.
- Acting on specific intelligence inputs, DRI officers laid a trap at the airport and intercepted two passengers suspected of carrying smuggled gold into the country.
- What initially appeared to be routine baggage clearance soon turned into a significant smuggling bust.
- Read Full Story During a personal search, officers recovered two pouches containing gold dust concealed in wax form.
- The seized gold, found to be of 24-karat purity, had a total net weight of 2,600 grams and an estimated market value of Rs 4.20 crore.
📌 Source: India Today
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