A man from Rajasthan has been arrested on the Kerala-Tamil Nadu border for allegedly carrying 3.75 kg of gold worth over Rs 1 crore without valid documents, Customs authorities said Monday.
Lalithkumar was taken into custody by the Kerala Excise officials yesterday and the gold, believed to be of foreign origin, was handed over to the Customs preventive unit in Palakkad, Customs Commissioner Sumit Kumar said.
He was on the way to Palakkad from Coimbatore when he was apprehended at Walayar check post, he added.
Later, the man was produced before a court here and remanded to judicial custody till September 17.
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