Man trying to smuggle out 6 kg gold from Hyd airport held

Image
Press Trust of India Hyderabad
Last Updated : Mar 13 2014 | 8:40 PM IST
A passenger, who allegedly tried to smuggle out over 6 kg gold biscuits, valued at Rs 1.97 crore from the Rajiv Gandhi International Airport at Shamshabad here has been arrested by Directorate of Revenue Intelligence.
According to DRI-Hyderabad unit Deputy Director Ch V Chowdary, on detailed examination of baggage of one passenger, who had arrived from Dubai at the airport here late last night, 6.4 kg (55 pcs) of gold biscuits were found.
"He (the passenger) tried to smuggle the gold biscuits into India by concealing them in his hand baggage, walked through the green channel without declaring the same to the Indian Customs and became an ineligible passenger to bring gold in bullion form into India," the DRI official said.
The gold valued at Rs 1.97 crore was subsequently seized by the DRI officers.
The passenger, whose identity was not revealed, was arrested under Section 104 of Customs Act and produced before the court of Special Judge for Economic Offences here which remanded him in judicial custody for 14 days.
*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: Mar 13 2014 | 8:40 PM IST

Next Story