The recovered gold biscuits, weighing 1 kg, are estimated to worth Rs 27 lakh, he said.
Interestingly, the complainant P Nagesh, who was robbed last week while on his way to Chennai from here, was allegedly a carrier for smuggled gold from Dubai and was supposed to deliver the biscuits to a person, identified as Shagird, in Chennai.
"Nagesh, resident of Kailasapuram area here, was an employee of one Naushad who runs a spare parts shop in Dubai. He had collected 10 gold biscuits from two conduits at Visakhapatnam airport at the behest of Naushad," said ADCP (Crime) S Varada Raju told reporters.
The accused are identified as P Gurunadh Reddy (21), P Sivakumar (19), D Mohan (20) and B Murali (28) all residents of Kailasapuram area in the city.
The officer said that the accused had sold two gold biscuits.
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
