India News | Smuggling Racket Busted in Mumbai, Gold Worth Rs 21 Crore Recovered
Get latest articles and stories on India at LatestLY. A gold smuggling racket was busted in Mumbai with the recovery of gold worth Rs 21 crore, the Directorate of Revenue Intelligence said on Tuesday.
Mumbai (Maharashtra) [India], January 24 (ANI): A gold smuggling racket was busted in Mumbai with the recovery of gold worth Rs 21 crore, the Directorate of Revenue Intelligence said on Tuesday.
According to the DRI, gold weighing 36 kg was recovered along with Rs 20 lakh cash.
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The gold was brought to Mumbai from abroad, which the DRI said was through the hawala operators.
"DRI Mumbai busted a gold smuggling racket & recovered 36 kg gold worth Rs 21 crore. Rs 20 lakh cash also recovered. In-charge of a shop who was getting the gold melted in the shop was also arrested. This gold was brought from abroad to Mumbai through different hawala operators," DRI said. (ANI)
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(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)