Acting on a tip-off, a team comprising Q branch police and customs department officials intercepted the country boat which arrived near Mandapam here from Sri Lanka and seized the yellow metal worth around Rs 2.35 crore from it, they said.
One Nazir from Keelakarai in Ramanathapuram district was arrested while two others managed to escape, police said adding that the boat used to transport the gold and three bikes were confiscated.
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