Bid to smuggle gold worth Rs 2.24 crore foiled

Image
Press Trust of India Chennai
Last Updated : Nov 06 2019 | 12:00 AM IST

Customs officials have recovered unclaimed gold bars worth Rs 2.24 crore that was concealed in the rear toilet of an aircraft that arrived from Dubai on Tuesday.

Acting on a tip-off that the precious metal was being smuggled in a plane from Dubai, the sleuths rummaged the flight at the airport here, according to a statement.

Four bundles wrapped in black adhesive tapes were found concealed in the rear toilet of the international flight, which was to fly to New Delhi in the domestic sector, it said.

Forty-eight gold bars with foreign marking, weighing 5.6 kg and valued at Rs 2.24 crore was recovered. It has been seized as unclaimed under the Customs Act and an investigation is on, the statement added.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Nov 06 2019 | 12:00 AM IST

Next Story