Smuggled gold bars worth Rs 5.50 cr seized in TN, three held

Gold bars weighing around 18 kg, smuggled into the country from Sri Lanka, were seized in Pudukottai district and three persons arrested in this connection, Directorate of Revenue Intelligence officials said today.

Acting on a tip off, DRI sleuths intercepted a car proceeding to Chennai yesterday and recovered the 17.83 kgs of gold bars from it and arrested two persons,a release from DRI said.

During interrogation, the accused confessed that the gold was being smuggled from Sri Lanka and they were transporting it to a recipient in Chennai "for a monetary consideration."

The DRI officials also apprehended the recipient here and are probing his role on the entire gamut of smuggling, it added.