
NOB_Hyderabad: The Directorate of Revenue Intelligence (DRI) Hyderabad has busted a gang smuggling gold from Bangladesh to Hyderabad via Kolkata.
The DRI intercepted a four-wheeler near Vijayawada and arrested five individuals. Officers recovered 3,147.1 grams of gold, USD 60,000, and Euro 21,500, valued at about Rs 5.84 crore.
Teams from Hyderabad and Vijayawada discovered the foreign currency concealed within the vehicle. The two occupants admitted to having delivered the gold and stated the money was proceeds from its sale.
Subsequently, officers stopped a bus to Hyderabad and detained three more individuals carrying three gold bars, weighing about 3.1 kilograms, hidden in pouches around their waists.
All five suspects were arrested, presented in court, and remanded to judicial custody.
