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Gold worth Rs 88 lakh seized in Chennai, Kochi

Press Trust of India  |  Chennai/Kochi 

Customs officials today seized gold totally worth Rs 88.5 lakh from two passengers at and airports. While gold worth Rs 52 lakh was seized from a passenger who arrived in from Sharjah, Customs sleuths recovered 1.2 kg of the valued at Rs 36.42 lakhfrom a man who landed in from Delhi, officials said. Both the passengers were arrested. In Chennai, Customs officials also seized foreign currency worth Rs 4.3 lakh from a Colombo-bound passenger last night, a Customs release said. Officials acting on a tip-off, examined the baggage of Syed Ibrahim Kuddus, which led to unearthing of the gold kept concealed in a multimedia system. The gold was of 24-carat purity and valued at Rs 52 lakh, the release said adding the passenger was arrested under the Customs Act, 1962. In Kochi, said officers of at the international airport there effected the seizure of six cut pieces of gold bars totally weighing 1,202 gms valued at Rs 36.42 lakhfrom the passenger. The passenger, a native of Thane in Maharashtra, was found carrying the gold bars in the pocket of his trousers, he added.

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

First Published: Wed, January 10 2018. 21:05 IST
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