DRI Seizes Gold, Foreign Currency Worth ₹5.84 Crore in Vijayawada; Five Arrested
Vijayawada, Oct 21 The Freedom Press: The Directorate of Revenue Intelligence (DRI) seized 3,147.1 grams of foreign-origin gold and foreign currency worth a total of ₹5.84 crore during coordinated raids near Vijayawada on October 18.
Five persons were arrested in connection with the alleged smuggling operation.
According to reports, the gold was concealed around the waists of the suspects, while US dollars worth $60,000 and euros worth €21,500 were allegedly found hidden inside an SUV.
Preliminary findings suggest that the gold was smuggled from Bangladesh through Kolkata to Hyderabad.
The DRI is continuing its investigation to identify other members of the alleged network and establish further details of the operation.Further details are awaited. (EOM)
