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Andhra: Smuggled gold worth Rs. 39.7 lakh recovered

ANI  |  Kakinada (Andhra Pradesh) [India] 

The (DRI), Kakinada, has recovered 1.2 kilograms of smuggled gold worth Rs. 39.7 lakh from a passenger at Airport in The passenger has been arrested.

Based on specific intelligence, officers of the DRI intercepted the passenger who arrived from to Airport on September 14. On examination, it was found that the passenger was carrying gold paste weighing 1900 grams, which on further examination turned out to be having a gold content of 1269.85 grams. He did not have any documents to prove the licit purchase or import of the gold.

Further inquiries revealed that the gold paste had been smuggled from Colombo to inconspicuously by an associate on an international flight to avoid customs. While there is no information on the associate as of yet, the arrested man was entrusted with the responsibility to extract the gold from the paste.

The smuggled gold has been seized under the Customs Act (1962) and further investigation is in progress.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sun, September 16 2018. 19:05 IST