A passenger was apprehended on Friday at the Rajiv Gandhi International Airport (RGIA) in Shamshabad, south of Hyderabad, for illegally possessing foreign currency of various denominations worth over Rs 39 lakhs.
The accused was bound to Dubai by flight FZ-436 when the Hyderabad unit of the Directorate of Revenue Intelligence intercepted him. The hand baggage was allegedly packed with Dinar, Riyal and Dinar denominations.
Upon further questioning, he revealed that the currency was obtained from unauthorised dealers to sale them in Dubai at huge profits.
The accused apparently had illegally carried foreign currency worth Rs 9 lakh on his last visit in May.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app