Indore, Jul 10 (PTI) The Directorate of Revenue Intelligence (DRI) arrested two persons and seized 2 kg of foreign gold and Rs 2.52 crore cash from their possession in Madhya Pradesh's Indore, an official said on Monday.

Based a tip-off, a bus heading to Bhopal from Indore was intercepted at a toll booth on Saturday, and an alleged smuggler was found carrying 2 kg of foreign gold worth Rs 1.21 crore, the official said.

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Following the recovery, investigations were carried out raids at three places and recovered Rs 2.52 crore cash from a bullion trader in Indore, he said, adding that the amount was from the illegal purchase and sale of gold.

The two accused have been arrested under the Customs Act, 1962 and the matter is being investigated, the official said.

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(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)