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DRI busts smuggling racket, seizes gold worth Rs 7.54 cr

Press Trust of India  |  New Delhi 

The Intelligence (DRI) has busted a smuggling racket and seized gold worth Rs 7.54 crore from a man it arrested at the Railway Station, a senior DRI official said today.

The gold is suspected to have been smuggled in through the India-border, he said.

The 33-year-old accused was intercepted by DRI officials at the station yesterday, the official said, requesting anonymity.

About 25.8 kilograms of gold, valued at Rs 7.54 crore, were recovered from him, he said.

The DRI suspected the involvement of several other people in the smuggling ring. More arrests are expected.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, July 14 2017. 14:42 IST