Two held for smuggling gold worth Rs 1.4 cr at Delhi airport

Image
Press Trust of India New Delhi
Last Updated : Mar 21 2018 | 7:00 PM IST

Two men were today arrested by the customs for allegedly trying to smuggle into the country gold valuing about Rs 1.4 crore at Delhi airport, an official statement said.

The arrests took place in two separate incidents.

In the first case, a passenger was intercepted after his arrival from Dammam.

"His personal and baggage search resulted in recovery of gold weighing 2.5 kg, in the form of 40 pieces of sheet concealed in the ten emergency light battery carried by him, having market value of Rs 75.65 lakh," the statement issued by the customs said.

In the other case, the accused was intercepted after his arrival from Dubai.

He was allegedly carrying gold weighing 1.9 kg, valued at Rs 58.09 lakh, by concealing it inside cardboard boxes and school bags being carried by him, it said.

The value of the gold, which has been seized, in these two cases is about Rs 1.4 crore, the statement said, adding that both the passengers have been arrested.

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: Mar 21 2018 | 7:00 PM IST

Next Story